Elitecon International , a leading FMCG and tobacco export company, has announced that its board is evaluating a strategic merger scheme aimed at boosting business synergies. The company disclosed this development through an exchange filing, indicating a potential major corporate restructuring initiative.

Strategic Corporate Action Under Evaluation

The board's evaluation of the merger scheme represents a significant step toward business consolidation for Elitecon International. The proposed scheme involves the company's group companies and is designed to enhance operational efficiencies and create stronger business synergies across the organization.

Professional Advisory Engagement

To facilitate this strategic initiative, Elitecon International has appointed Deloitte Touche Tohmatsu India LLP as its advisor for the proposed merger scheme. The engagement of a leading professional services firm underscores the company's commitment to ensuring a structured and well-executed consolidation process.

Business Focus and Market Position

Elitecon International operates primarily in the FMCG and tobacco export sectors, positioning itself as a leading player in these markets. The proposed merger scheme could potentially strengthen the company's competitive position by consolidating resources and streamlining operations across its group entities.

The company's decision to pursue this corporate action reflects its strategic focus on optimizing business operations and maximizing synergies within its group structure. The evaluation process will likely involve comprehensive due diligence and regulatory compliance procedures before any final decisions are made.

Elitecon International Limited has announced the appointment of Deloitte Touche Tohmatsu India LLP as its strategic tax and regulatory advisor to evaluate and implement a comprehensive scheme of merger with group companies. The company informed stock exchanges on January 08, 2026, about this significant strategic initiative aimed at strengthening its long-term growth trajectory and operational scale.

Strategic Advisory Appointment

The company has engaged Deloitte Touche Tohmatsu India LLP, a globally reputed professional services firm, as its strategic advisor and transaction program manager. This appointment underscores Elitecon International's commitment to adopting best-in-class governance standards, robust compliance frameworks, and transparent execution of strategic initiatives.

Proposed Merger Structure

The Board of Directors is evaluating a scheme of merger involving three companies with Elitecon International Limited, subject to requisite statutory, regulatory, and NCLT approvals:

Strategic Benefits and Objectives

The proposed merger is designed to deliver multiple strategic advantages for the consolidated entity:

• Operational Synergies: Consolidation of diversified yet synergistic business verticals
• Efficiency Enhancement: Enhanced scale, operational efficiencies, and optimized resource utilization
• Financial Strengthening: Strengthening of balance sheet and long-term earnings visibility
• Market Position: Improved competitiveness and market positioning
• Value Creation: Creation of sustainable value for shareholders and stakeholders

Implementation Framework

The merger scheme is based on strong business synergies, operational complementarities, and a unified growth vision. Elitecon International believes the proposed transaction will place the company on a stronger strategic platform, aligned with its long-term vision of expansion, diversification, and responsible growth.

Regulatory Compliance

The company has made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation clarifies that this announcement is for information purposes only and does not constitute a binding commitment. Further disclosures will be made as required under applicable laws and regulations upon occurrence of material developments.

The strategic initiative represents a transformational milestone for Elitecon International Limited, positioning the company for enhanced operational scale and improved shareholder value creation through the consolidation of complementary business operations.