Elitecon International Limited

DecreasedQuarterly

ELITECONCigarettes & Tobacco ProductsMarket Cap₹1K Cr

Stake

1.89% → 1.84%

Al Maha Investment Fund

Foreign Investor

The move

Al Maha Investment Fund decreased its stake in Elitecon International Limited from 1.89% to 1.84%, selling 8,10,000 shares. The value of shares sold is ₹1.45 Cr at ₹17.87 apiece.

About Elitecon International Limited

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A manufacturer of cigarettes and tobacco products established in 1987, Elitecon International operates across India's tobacco segment. The company engages in production, distribution, and supply of various tobacco-based products for the domestic market. With operations spanning manufacturing and retail distribution channels, Elitecon serves consumers through established trade networks and maintains a presence in the competitive Indian tobacco industry.

About Al Maha Investment Fund

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A Mauritius based protected cell fund (Onyx strategy) that invests in Indian equities, active across small and mid cap names and as an anchor investor in SME listings.

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More moves in Elitecon International Limited

Radiant GlobalDecreased

Radiant Global decreased its stake in Elitecon International Limited from 1.72% to 1.67%, selling 818,500 shares. The value of the sold shares was ₹1.46 crore at ₹17.87 apiece.

20 Jul 2026

Minerva Ventures FundIncreased

Minerva Ventures Fund increased its stake in Elitecon International Limited to 8.70% by adding 500,000 shares, bringing its total to 139,011,240 shares. The shares were valued at ₹17.87 apiece.