Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of the Company''s earlier disclosure dated April 29, 2026, ....
ELITECON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Elitecon International has announced a Rs. 700 crore FMCG expansion plan targeting Rs. 20,000 crore in revenue by FY2030, backed by its existing USD 119 million-plus international tobacco order book across Africa and the Middle East. The order book includes a two-year export deal worth ~INR 2.02 billion with South Africa's Bozza Tobacco and a USD 97.35 million Middle East order through Yuvi International Trade FZE. The phased FMCG rollout will focus on packaged foods, edible oils, and household essentials, leveraging the company's 40,000+ sq. ft. Nashik facility. Distribution targets include 5,000 partners, 500,000+ retail outlets, 10 consumer brands, and 150+ SKUs, with launches tied to documented readiness milestones.
This is an ambitious multi-year growth announcement that signals a major strategic shift into FMCG, but the FY30 Rs. 20,000 crore target is forward-looking and execution-dependent. Near-term stock impact may be modest until the company demonstrates tangible progress on the existing export orders and FMCG rollout milestones.