The Company has appointed Deloitte Touche Tohmatsu India LLP, a globally reputed professional\r\nservices firm, as its strategic tax and regulatory advisor and transaction program manager, to assist the\r\nCompany in evaluating, structuring and implementing a scheme of merger and related regulatory\r\ncompliances. This mandate underscores the Company's commitment to adopting best-in-class governance\r\nstandards, robust compliance frameworks and transparent execution of strategic initiatives.\r\nFurther, based on strong business synergies, operational complementarities and a unified growth vision, the\r\nBoard of Directors is in the process of evaluating a scheme of merger of the following companies with\r\nElitecon International Limited, subject to requisite statutory, regulatory and Hon'ble NCLT approvals