
Victor Dasgupta
Victor Dasgupta is an Assistant News Editor at India.com, where he tracks major developments across national politics, education, world affairs, business, and current events. He specializes in simplif ... Read More
Cigarette manufacturer Elitecon International Ltd.’s stock hit a 5% upper circuit amid a mild rally in the stock market on Wednesday. Shares of the company, which delivered a multi-bagger return of 862% year-to-date through 2025, are trading higher at 99.80 rupees, up 4.75 rupees on the BSE today. In its latest exchange filing, the company informed that, as per the company’s code of conduct, the trading window for trading in the shares of Elitecon International Limited will be closed with effect from January 1, 2026.
The closure will apply to all designated individuals and their immediate relatives. The trading window will remain closed for 48 hours after the public announcement of the company’s unaudited financial results for the quarter and nine months ended December 31, 2025 (both days inclusive).
The trading window will reopen 48 hours after the announcement of the financial results. The company also clarified that the date of the board meeting to review and approve the financial results will be announced separately in due course.
Elitecon International Ltd. manufactures tobacco products. Founded in 1987, it was formerly known as Kashiram Jain & Company Ltd., which later changed to Elitecon International. The company manufactures tobacco, cigarettes, khaini pouches, shisha products, and other smoking mixtures and exports them to Indian and international markets.
The company recently announced in a filing that it has secured a long-term supply contract from Yuvi International Trade FZE. Under this contract, the company will supply cigarettes, premix shisha, hookah tobacco, smoking mixtures, and other tobacco-related products for the next two years.
The total value of this order is approximately US$97.35 million (approximately ₹8.75 billion). According to the filing, this order will provide the company with export stability, ensure better factory capacity utilisation, and assist in operational planning. The company stated in its filing that this order will further strengthen its presence in the Middle East markets.
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