Elitecon International Share Price Hits 5% Upper Circuit On Tuesday; Check Details Here
Shares of small-cap company Elitecon International Ltd. rose 5% during trading on September 15, hitting the upper circuit at Rs 8.59 apiece on the NSE. The stock has 52 weeks...
Shares of small-cap company Elitecon International Ltd. rose 5% during trading on September 15, hitting the upper circuit at Rs 8.59 apiece on the NSE. The stock has 52 weeks high of Rs 46.40 and 52 weeks low of 7.08. The company has a market capital Rs 1370 crore.
In an exchange filing dated August 17, the company announced eight key appointments. The appointments included changes involving the company’s board, senior management and key managerial personnel, with certain director appointments subject to shareholder approval as required under applicable regulations.
Pradeep Kumar was elevated from Additional Executive Director to Managing Director for a five-year term ending August 13, 2031. The company also appointed Prachi Gupta as an Additional Director and Non-Executive Independent Woman Director. Nisha and Suraj Singh were appointed as Additional Directors and Non-Executive Independent Directors, while Paramjeet Singh Gulati joined as an Additional Director and Executive Director.
