Elitecon acquires Landsmill & Sunbridge for ₹181.25 cr
Elitecon International Limited announced the acquisition of majority equity stakes in Landsmill Agro Private Limited (55%) and Sunbridge Agro Private Limited (51.65%). The cash consideration is approximately ₹181.25 crore. This strategic move strengthens the FMCG business vertical. The company plans a 100% acquisition in 12 months.