Elitecon International Ltd hit a 5% upper circuit to an all-time high of ₹108.04, marking its 13th consecutive day at the limit. The company plans to acquire Dubai-based Prime Place Spices Trading L.L.C. for ₹700 crore, expanding its FMCG footprint globally. Elitecon will raise ₹300 crore via QIP and ₹400 crore through a preferential issue to fund this acquisition.