Elitecon International Limited has announced the resignation of Ms. Rajlaxmi Saini from her position as Company Secretary and Compliance Officer, effective April 02, 2026. The company informed the stock exchanges through a formal communication dated April 03, 2026, in compliance with regulatory disclosure requirements.

Resignation Details

Ms. Rajlaxmi Saini submitted her resignation letter on April 02, 2026, citing personal reasons for her departure. The resignation becomes effective from the closing hours of April 02, 2026. The company has provided the required disclosures as mandated under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

Elitecon International Limited has fulfilled its disclosure obligations by notifying both BSE Limited and The Calcutta Stock Exchange Ltd. The communication includes all details required under Regulation 30 read with Schedule III - Para 7 and relevant SEBI Master Circulars. The company has provided comprehensive annexures containing the mandatory information and a copy of the original resignation letter.

Next Steps

The resignation will be formally taken on record at the ensuing meeting of the Board of Directors of the company. Managing Director Vipin Sharma signed the disclosure document on behalf of Elitecon International Limited, ensuring proper corporate governance procedures are followed during this transition period.

The company expressed gratitude for Ms. Saini's contributions during her tenure and acknowledged her request for the Board to file necessary documents with the Registrar of Companies to give effect to the resignation.

Elitecon International Limited has formally notified stock exchanges about the resignation of Mr. Susanta Kumar Panda from his position as Non-Executive Independent Director, effective April 02, 2026. The company submitted the intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details and Regulatory Context

Mr. Susanta Kumar Panda (DIN: 07917003) tendered his resignation through a letter dated April 02, 2026, which became effective from the closing hours of the same date. In his resignation letter, Mr. Panda cited specific reasons for his departure, stating concerns about ongoing regulatory proceedings by SEBI involving the company, its Managing Director, and certain individuals.

SEBI Interim Order Impact

The resignation letter specifically referenced an interim order issued by the Securities and Exchange Board of India dated March 30, 2026, which allegedly involved violations by the noticees. Mr. Panda expressed that his decision was influenced by these ongoing regulatory proceedings that involved the company, its Managing Director, and certain individuals.

Other Directorships and Committee Positions

Mr. Panda held significant positions across multiple listed entities, serving as Non-Executive Independent Director in several companies. His extensive involvement in board committees across these organizations demonstrates his active role in corporate governance.

Regulatory Compliance and Next Steps

The company has confirmed that the resignation will be formally recorded at the upcoming Board of Directors meeting. Mr. Panda requested the company to complete all necessary statutory compliances, including intimations to stock exchanges and filings with the Registrar of Companies. The resignation letter included the required confirmation that no other material reasons exist beyond those provided for his departure.

Company Response

The intimation was signed by Mr. Vipin Sharma, Managing Director (DIN: 01739519), and submitted to BSE Limited and The Calcutta Stock Exchange Ltd. The company has provided all required disclosures under Regulation 30 and relevant SEBI circulars, including the complete resignation letter as an annexure to the filing.