Elitecon hits 10% upper circuit as it adds two executive directors
Cigarette and tobacco maker Elitecon International opened at Rs 17.22 and rose to Rs 18.94, hitting a 10% upper circuit. The company has appointed Vipin Sharma and Pradeep Kumar as executive additional directors as it pursues a revival plan following the resumption of banking operations.
Indian cigarette and tobacco maker Elitecon International hit a 10% upper circuit after opening at Rs 17.22. The company is pursuing a revival plan as banking operations resume, supported by appointments of Vipin Sharma and Pradeep Kumar as executive additional directors.
Why this matters
The appointments build on Elitecon's revival plan and its FY2030 ₹20,000 crore revenue target, supported by a ₹700 crore FMCG push.
Leadership is steady, with 1,007 signals in the past 90 days; no QoQ comparison was provided.