Elitecon, a leading global FMCG company, plans to raise an amount of Rs 300 crore by issuing equity shares through Qualified Institutional Placement (QIP).

The money will be invested in acquiring Sunbridge Agro Pvt. Ltd. and Landsmill Agro Pvt. Ltd., a large-scale strategic step to augment Elitecon International's FMCG portfolio and fast-track growth.

In all measured periods, Elitecon's average occupance of growth remains to serve as an achiev- ing attribute for stupendous financial elevation of late.

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For FY25, the corporation registered a consolidated net sale of Rs 548.76 crore and net profit of Rs 69.65 crore.

Just in Q1 FY26, Elitecon International recorded consolidated net sales worth Rs 524.87 crores and a net profit of Rs 72.08 crore.

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