Archive · 2 Oct 2025
Elitecon International Acquires Agro Firms, Stock Sees Focus
Imagine a company called Elitecon that sells things.
They decided to buy two new companies that grow food.
They spent money to buy a big part of each company.
The goal is to sell even more things and make more money.
One of the food companies started in 2019, the other in 2022.
Elitecon's stock has gone up a lot in the last five years.
The company hopes to grow its business and sell even more of its products.
Elitecon International acquired stakes in two agro-based firms.
Landsmill Agro acquisition involved a 55% stake for Rs. 52.85 crores.
Sunbridge Agro acquisition involved a 51.65% stake for Rs. 128.40 crores.
The acquisitions aim to strengthen Elitecon's FMCG business.
Elitecon's stock has increased by 13,635% in the past five years.
- Who
- Elitecon International
- What
- Acquired controlling stakes in Landsmill Agro and Sunbridge Agro
- When
- October 3, 2025 (based on financial year data)
- Where
- N/A
- Why
- To strengthen its FMCG portfolio by expanding and diversifying its revenue streams.
- Company
- Elitecon International
- Acquired Companies
- Landsmill Agro Private Limited, Sunbridge Agro Private Limited
- Landsmill Agro Acquisition Cost
- Rs. 52.85 crores
- Sunbridge Agro Acquisition Cost
- Rs. 128.40 crores
- Landsmill Agro Turnover (FY2025)
- Rs. 1,39,480.05 lakh
- Sunbridge Agro Turnover (FY2025)
- Rs. 1,44,304.32 lakhs
- Stock Performance (5 years)
- Up 13,635%