Elitecon International Limited (BSE:539533) acquired 55% stake in Landsmill Agro Private Limited for approximately INR 530 million on October 1, 2025. A cash consideration valued at INR 102.67 per share will be paid by Elitecon International Limited. Elitecon International Limited has acquired 5.148 million shares in Landsmill Agro Private Limited for INR 528.55 million. Elitecon International limited plans to acquire 100% Equity stake in Landsmill Agro Private Limited within a period of 12 months. In a separate transaction Elitecon International Limited acquired 51.65% stake in Sunbridge Agro Private Limited for INR 1.28 billion.
For the period ending March 31, 2025, Landsmill Agro Private Limited reported total revenue of INR 13.95 billion.
Elitecon International Limited (BSE:539533) completed the acquisition of 55% stake in Landsmill Agro Private Limited on October 1, 2025.
Elitecon International Limited acquired 55% stake in Landsmill Agro Private Limited for approximately INR 530 million.
Published on 10/01/2025
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