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Legal & Regulatory

Elitecon International Legal & Regulatory

Elitecon International Limited received a Show Cause Notice from DGGI Lucknow proposing demands totaling ₹442.29 Crore. This includes tax, interest, penalties, and refund recoveries related to GST compliance and interpretation issues. The company is reviewing the notice to take appropriate legal measures, as no final liability has been determined yet.

Key figures
Value₹442.3 Cr
Source

BSE filing, NSE: ELITECON. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Elitecon International Ltd: key numbers

Share price
₹6.84
Market cap
₹1,093 Cr
Revenue (annual)
₹5,075 Cr
Net profit (annual)
₹162.0 Cr
P/E (TTM)
5.7×Sector 43.1×
Promoter holding
59.43%+0.00% QoQ
FII holding
30.40%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:44 IST BSE
Fund Raise

Elitecon International Fund Raise of ₹1,000 Cr

Elitecon International's Board approved raising up to ₹1,000 Crore through a Qualified Institutions Placement (QIP) to eligible institutional buyers.

Value
₹1,000 Cr

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