FMCG stock gains 5% ahead of board meeting on October 12 to approve proposals for raising funds
Shares of diversified FMCG enterprise Elitecon International Ltd jumped nearly 5 per cent on Wednesday, October 7, 2026, after the company informed exchanges that its board of directors is scheduled to meet on Monday, October 12, 2026, to consider, evaluate, and approve proposals to raise funds. The company may consider raising capital by issuing equity shares or other eligible securities. The stock started the trading session in the red amid weakness in the benchmark indices. It opened at Rs 7.25 against the previous close of Rs 7.27 on the BSE. However, it rebounded to hit a high of Rs 7.62,…