Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board, at its meeting held on October 12, 2026, approved raising of funds up to ?1,000 crore through Qualified Institutions Placement(s) (QIP) in accordance with Chapter VI of the SEBI (ICDR) Regulations, 2018, subject to shareholders' approval by special resolution and other requisite approvals.

+91 9871761020 www.eliteconinternational.com admin@eliteconinternational.com CIN: L46305DL1987PLC396234 Date: October 12, 2026 The Manager The Calcutta Stock Exchange Limited Listing Department 7, Lyons Range, Dalhousie, Kolkata-700001, BSE Limited West Bengal P.J. Towers, Dalal Street, Mumbai – 400001 Name of Scrip: Elitecon International Limited BSE Scrip Code: 539533 NSE Symbol: ELITECON ISIN: INE669R01026 Subject: Outcome of the Meeting of the Board of Directors held on Monday, October 12, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), and further to our prior intimation regarding the meeting of the Board of Directors of Elitecon International Limited (“Company”), we wish to inform you that the Board of Directors of the Company (“Board”), at its meeting held today, i.e., Monday, October 12, 2026, has, inter alia, considered and approved the following: 1. APPROVAL FOR RAISING OF FUNDS THROUGH QUALIFIED INSTITUTIONS PLACEMENT (QIP) The Board has considered and approved the proposal for raising of funds for an aggregate amount not exceeding ₹10,00,00,000,00 (Rupees One Thousand Crore Only), by way of issuance of equity shares of the Company and/or such other eligible securities, including securities convertible into or exchangeable for equity shares, as may be permissible under applicable law, through one or more Qualified Institutions Placements (“QIP”), in one or more tranches and/or issuances, in accordance with the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), the Companies Act, 2013, and the rules made thereunder, and other applicable laws. The proposed fund raising shall be undertaken at such price or prices, including applicable premium, and on such terms and conditions as may be determined by the Board or a duly authorised committee thereof, in accordance with applicable law, having regard to prevailing market conditions and other relevant considerations. Elitecon International Limited Registered Office Address: AltF 101, TR-442, 4th Floor, 101, NH-19, CRRI, Ishwar Nagar, Okhla, Tugalkabad, South Delhi – 110044, Delhi, India. Administrative Office & Factory Address: GAT No 353/2, Mauje Talegaon, Dindori, Nashik, Maharashtra – 422004, India. +91 9871761020 www.eliteconinternational.com admin@eliteconinternational.com CIN: L46305DL1987PLC396234 The aforesaid proposal shall be subject to the approval of the shareholders of the Company by way of a special resolution, receipt of requisite statutory, regulatory and other approvals, consents, permissions and/or clarifications, as may be applicable, and compliance with the applicable provisions of law. The disclosures required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations and the applicable SEBI Master Circular are enclosed herewith as Annexure I. The meeting of the Board of Directors commenced at 5:00 P.M. (IST) and concluded at 6:15 P.M. (IST). You are requested to kindly take the above information on record. Thanking you, For Elitecon International Limited Pradeep Kumar Managing Director DIN: 00209355 Elitecon International Limited Registered Office Address: AltF 101, TR-442, 4th Floor, 101, NH-19, CRRI, Ishwar Nagar, Okhla, Tugalkabad, South Delhi – 110044, Delhi, India. Administrative Office & Factory Address: GAT No 353/2, Mauje Talegaon, Dindori, Nashik, Maharashtra – 422004, India. +91 9871761020 www.eliteconinternational.com admin@eliteconinternational.com CIN: L46305DL1987PLC396234 Annexure 1 Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30 January 2026 Sr. Particulars Details 1. Type of securities proposed to be issued (viz. equity Equity shares of the Company and/or shares, convertibles etc.) other eligible securities, including securities convertible into or exchangeable for equity shares, as permissible under Chapter VI of the SEBI ICDR Regulations. 2. Type of issuance (further public offering, rights Qualified Institutions Placement(s) issue, depository receipts (ADR/GDR), qualified (“QIP”) to eligible Qualified Institutional institutional placement, preferential allotment etc.); Buyers, in accordance with Chapter VI of the SEBI ICDR Regulations, applicable provisions of the Companies Act, 2013, and other applicable laws, in one or more tranches and/or issuances. 3. Total number of securities proposed to be issued or For an aggregate amount not exceeding the total amount for which the securities will be ₹10,00,00,000,00 (Rupees One issued (approximately); Thousand Crore Only), inclusive of any premium, at such price or prices as may be determined in accordance with applicable law. The number of securities proposed to be issued shall be determined at the relevant stage based on the applicable issue price, subject to receipt of necessary approvals. 4. In case of preferential issue, the listed entity shall Not Applicable disclose the following additional details to the stock exchange(s): i. names of the investors; ii. post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; iii. in case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument; 5. In case of bonus issue, the listed entity shall Not Applicable disclose the following additional details to the stock Elitecon International Limited Registered Office Address: AltF 101, TR-442, 4th Floor, 101, NH-19, CRRI, Ishwar Nagar, Okhla, Tugalkabad, South Delhi – 110044, Delhi, India. Administrative Office & Factory Address: GAT No 353/2, Mauje Talegaon, Dindori, Nashik, Maharashtra – 422004, India. +91 9871761020 www.eliteconinternational.com admin@eliteconinternational.com CIN: L46305DL1987PLC396234 exchange(s): i. whether bonus is out of free reserves created out of profits or share premium account; ii. bonus ratio; iii. details of share capital - pre and post bonus issue; iv. free reserves and/ or share premium required for implementing the bonus issue; v. free reserves and/ or share premium available for capitalization and the date as on which such balance is available; vi. whether the aforesaid figures are audited; vii. estimated date by which such bonus shares would be credited/dispatched; 6. In case of issuance of depository receipts Not Applicable (ADR/GDR) or FCCB the listed entity shall disclose following additional details to the stock exchange(s): i. name of the stock exchange(s) where ADR/GDR/FCCBs are listed (opening – closing status) / proposed to be listed; ii. proposed no. of equity shares underlying the ADR/GDR or on conversion of FCCBs; iii. proposed date of allotment, tenure, date of maturity and coupon offered, if any of FCCB’s; iv. issue price of ADR/GDR/FCCBs (in terms of USD and in INR after considering conversion rate); v. change in terms of FCCBs, if any; vi. details of defaults, if any, by the listed entity in payment of coupon on FCCBs & subsequent updates in relation to the default, including the details of the corrective measures undertaken (if any); 7. In case of issuance of debt securities or other non- Not Applicable convertible securities, the listed entity shall disclose following additional details to the stock exchange(s): i. size of the issue; ii. whether proposed to be listed? If yes, name of the stock exchange(s); iii. tenure of the instrument - date of allotment and Elitecon International Limited Registered Office Address: AltF 101, TR-442, 4th Floor, 101, NH-1 [Showing first 8,000 characters — download PDF for full document]