New Delhi, Jan. 8 -- Elitecon International share price edged higher on Thursday, 8 January 2026, despite an overall Indian stock market crash, as the company disclosed its capital expenditure (capex) expansion plans for long-term growth.

"We wish to inform that Elitecon International Limited has taken a significant strategic step towards strengthening its long-term growth trajectory, operational scale and shareholder value creation," the company informed BSE through its filing.

Elitecon International's board disclosed that the company is evaluating a merger of Sunbridge Agro Private Limited, Landsmill Agro Private Limited, and Golden Cryo Private Limited with Elitecon, subject to regulatory approvals, as per the filing.

As part of the...