After 10:1 Stock Split In 2025, This FMCG Stock To Reward Dividend Soon; Shares Up 1,334% YTD

The Board of Directors of Elitecon International Ltd., an FMCG company that deals in cigarettes and tobacco products, has announced that it will meet on Wednesday, November 5, 2025, to discuss and approve the financial results for the quarter and half year that ended on September 30, 2025, declare any interim dividend for the financial year 2025-2026, and set a record date for the purpose of the interim dividend, if approved.

Meanwhile, the BSE-listed company Elitecon International Limited released the results of its October 28, 2025, board meeting. Ms. Anjali Bamboria (DIN: 11061917) was appointed by the Board as an Additional Director with effect from the same day in the role of Non-Executive Independent Director. As a company secretary and Vikram University M.Com. graduate, Ms. Bamboria has insights into corporate law, taxation, accounting, and financial administration.

The Board further noted that, as of October 28, 2025, Ms. Preeti (DIN: 09662113) resigned from her position as Non-Executive Independent Director for personal reasons.
On June 25, 2025, Elitecon International carried out a 10:1 stock split, splitting each Rs 10 face value share into ten Rs 1 face value shares. The goal of this move was to lower the price of the stock in order to reward shareholders and improve liquidity to a broader investor base.

Cigarettes, smoking mixtures, and sheesha are among the tobacco products manufactured and traded by Elitecon International, an Indian corporation. The company operates in both domestic and foreign markets, exporting to nations including Singapore, Hong Kong, the United Kingdom, and the United Arab Emirates. Al Noor (sheesha), Gurh Gurh (smoking mixture), and Inhale (cigarettes) are some of its brands.

On October 31, 2025, the stock ended the trading session 3.80% higher at Rs 148.70 on the BSE with a market cap of Rs 23,769.70 Cr. Due to its spectacular rallies—343% in just six months, 2,998% in a year, and 10,998% in the previous five years—it has been referred to as a "multibagger stock". The stock price went up from Rs 10.37 to the current market price of Rs 148.70 on a year-to-date basis, yielding a multibagger return of 1,334% so far in 2025.

Over the past year, the stock has seen a phenomenal rebound, rising from its 52-week low of Rs 4.71 on October 31, 2024, to the current market price of Rs 148.70. Strong investor interest in the stock is demonstrated by this startling spike of more than 3,000%. The stock is still far behind its 52-week high of Rs 422.65 on August 25, 2025, at about 64.82%, indicating some recent profit-booking or market pullback following the sharp surge.