Elitecon International Ltd awarded long-term supply contract

Elitecon International Limited ("the Company") has been awarded a long-term supply contract for the supply of cigarettes, premix sheesha, hookah tobacco, smoking mixtures and other tobacco-allied products, aggregating to a contract value of USD 97.35 (USD NinetySeven Point Three Five Million) or INR 8.75 Billion (INR Eight Point Seven Five Billion) (approx.).

This long-term supply order provides the Company with steady export visibility over the contract period and reflects continued demand for its products in international markets. The order has been received in the normal course of business and supports efficient utilization of manufacturing capacities and better planning of operations. The agreement also strengthens the Company's presence in Middle Eastern markets and aligns with its ongoing focus on expanding exports and building a sustainable, scalable business model. Overall, the order is expected to contribute positively to business stability and long-term growth.

Source : Equity Bulls

Keywords

EliteconInternational OrderWin LongTerm SupplyContract