Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Elitecon International has informed that it enclosed the Press Release titled ‘The Revival Begins: Elitecon International Limited Outlines Business Recovery Roadmap as Restoration of Banking Operations Progresses.’ The Press Release provides an update on the progress towards restoration of the Company’s banking operations, the clarification issued by SEBI to the concerned banks and the Company’s business recovery priorities.
The above information is a part of company’s filings submitted to BSE.