Key Appointments and Effective Dates

All appointments were approved by the Board of Directors at its meeting held on August 14, 2026 and are effective from the same date. The appointments of directors, including the Managing Director, are subject to approval of the members within timelines prescribed under applicable law.

Board Appointments:

  • Mr. Pradeep Kumar appointed as Managing Director from his existing position as Additional Executive Director for a term of five years up to August 13, 2031
  • Ms. Prachi Gupta appointed as Additional Director (Non-Executive Independent Woman Director)
  • Ms. Nisha appointed as Additional Director (Non-Executive Independent Director)
  • Mr. Suraj Singh appointed as Additional Director (Non-Executive Independent Director)
  • Mr. Paramjeet Singh Gulati appointed as Additional Director (Executive Director)

Key Managerial Personnel Appointments:

  • Ms. Purva Jhanwar appointed as Company Secretary and Key Managerial Personnel, designated as Compliance Officer pursuant to Regulation 6 of the SEBI Listing Regulations
  • Mr. Kusha Charan Swain appointed as Chief Financial Officer and Key Managerial Personnel

Secretarial Auditor Appointment:

  • M/s Neeraj Bajaj & Associates, Company Secretaries appointed as Secretarial Auditor to fill casual vacancy, will hold office until conclusion of ensuing Annual General Meeting

Background and Rationale

The appointments follow the Company's announcement in July 2026 of its intent to strengthen the Board and management through induction of experienced independent directors and key managerial personnel. The strengthened leadership brings experience across governance, compliance, finance and operations to support the Company's next phase of growth.

Management Commentary

Mr. Pradeep Kumar, Managing Director, stated: "In July, we had firmly outlined our intent to strengthen the Company's Board and management with experienced independent directors and key managerial personnel. With these appointments, we have taken that commitment forward. The strengthened leadership brings experience across governance, compliance, finance and operations, providing a stronger foundation for the Company as it moves into its next phase of growth."

Company Background

Elitecon International Limited (BSE: 539533 | NSE: ELITECON | ISIN: INE669R01026) is a diversified manufacturing and export enterprise with businesses spanning tobacco products, agri-commodities and an emerging FMCG portfolio. Incorporated in 1987, the Company has its registered and corporate office in New Delhi and operates its manufacturing facility in Nashik, Maharashtra, with subsidiaries in India, the United Arab Emirates and Singapore.

Financial Impact

Financial impact not quantified in the disclosure.