ELITECONBSEELITECON INTERNATIONAL LLowNeutral
Announced Tue, 20 Oct, 2026 · 19:29 IST

Postal Ballot Results: 7 Director Appointments Approved

Board & Shareholder Meetings View source PDFExplain this filing

ELITECON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-4.1%Reaction day
₹6.65
prior close
₹6.68
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.6%-1.5% vs market
Fast Moving Consumer Goods peers, median of 292sector · sector level-2.0%-2.1% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 2.1 pts less than its Fast Moving Consumer Goods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.3
10m
-1.3
15m
-1.2
30m
-3.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-4.1-2.6-1.5-2.0-2.1
Next day
+1.7-3.6+5.3-3.6+5.2
2d
+6.3-5.8+12.2-5.4+11.7
3d
+0.6-5.5+6.1-5.5+6.1
4d
-2.1-3.8+1.7-4.5+2.4
5d
+2.9pendingpending-4.4+7.2
1w
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15d
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1m
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2m
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3m
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UpDownMarket · Nifty Microcap 250Sector · Fast Moving Consumer Goods peers, median of 292Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Elitecon International Limited announced that all seven resolutions in its postal ballot were passed, including appointments of Mr. Vipin Sharma and Mr. Paramjeet Singh Gulati as Directors, Mr. Pradeep Kumar as Director and Managing Director, and Ms. Prachi Gupta, Ms. Nisha, and Mr. Suraj Singh as Independent Directors. Each resolution received about 99.99 percent approval, with only a tiny fraction of votes against. Voting was done by remote e-voting between September 19 and October 18, 2026, with around 49.45 percent of outstanding shares participating.

Likely market impact

Routine board reconstitution is now complete. Mr. Pradeep Kumar is confirmed as Managing Director and new independent directors strengthen the board.