With reference to the above captioned subject and in terms of Regulation 42 of LODR Regulations, we wish to inform you that Elitecon International Limited ('the Company') has fixed Wednesday, ....
ELITECON · price
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Elitecon International Ltd has fixed Wednesday, June 25, 2025 as the record date for a sub-division (split) of its equity shares. Each existing equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Re. 1 each, fully paid-up. The split was approved by shareholders at an Extraordinary General Meeting held on June 2, 2025. The BSE scrip code is 539533. This is purely a change in face value and share count, not in the company's underlying value.
The total value of a shareholder's investment remains unchanged — they will simply hold 10 times more shares at one-tenth the price each after the record date. The split may improve liquidity and make the stock more affordable for small retail investors, but there is no direct impact on the company's fundamentals or earnings.