Elitecon adds two executive directors to advance revival plan

Cigarette maker Elitecon International has appointed Vipin Sharma and Pradeep Kumar as executive additional directors, effective July 22, 2026, as it resumes banking operations and advances its revival plan.

— Filed Mon, 27 Jul, 2026, 11:22 IST · Source Business Today · Latest · Updated

Indian cigarette and tobacco maker Elitecon International appointed Vipin Sharma and Pradeep Kumar as executive additional directors as banking operations resume. The board says the leadership additions are central to its revival plan and intends to add experienced KMPs and independent directors.

Why this matters

The appointments follow Elitecon International’s stated FY2030 goal of ₹20,000 crore in revenue and a ₹700 crore FMCG push, adding leadership capacity as the company pursues its revival plan.

Leadership is steady at 875 signals over 90 days; no QoQ comparison figure was provided.