This BSE-listed company to raise Rs 300 crore via qualified institutions placement – Details here

This BSE-listed company to raise Rs 300 crore via qualified institutions placement – Details here


The stock has a 52-week high of Rs 422.65, hit on August 25, 2025. The counter’s 52-week low is Rs 1.34. The market cap of the company is Rs 49.809 crore.

Mumbai:

Cigarettes and tobacco products manufacturing company Elitecon International has informed exchanges that a special resolution was floated and moved during the company’s extraordinary general meeting regarding the consideration and approval of capital raising via a qualified institutional placement. “To consider and approve the proposal for Capital Raising by Issuance of Equity Shares by way of Qualified Institutions Placement (โ€œQIPโ€) for an aggregate amount up to Rs.300,00,00,000/-ย (Rupees Three Hundred Crores Only),” the filing reads.



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