Elitecon International Limited
Al Maha Investment Fund is no longer listed among the major shareholders of Elitecon International Limited. The fund, which previously held a 1.84 percent stake, has either fully exited the company or trimmed its holding below the 1 percent reporting threshold.
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.
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.