August 18, 2026: Elitecon International Limited has announced 8 key appointments across its Board and senior management, as the company moves to strengthen its governance, finance, compliance and operational leadership.
Author: Aadarsh Patel | EQMint
The appointments were approved at the Board meeting held on August 14, 2026, and disclosed to the stock exchanges on August 18. The appointments of directors, including the Managing Director, remain subject to shareholder approval within the timelines prescribed under applicable law.
8 Key Appointments
The new leadership structure includes 3 Additional Directors in the Non-Executive Independent category, including a Woman Independent Director, along with an Executive Director, Managing Director, Company Secretary, CFO and Secretarial Auditor.
The appointments are:
| Appointee | Position |
|---|---|
| Pradeep Kumar | Managing Director |
| Prachi Gupta | Additional Director, Non-Executive Independent Woman Director |
| Nisha | Additional Director, Non-Executive Independent Director |
| Suraj Singh | Additional Director, Non-Executive Independent Director |
| Paramjeet Singh Gulati | Additional Director, Executive Director |
| Purva Jhanwar | Company Secretary, KMP & Compliance Officer |
| Kusha Charan Swain | CFO & KMP |
| Neeraj Bajaj & Associates | Secretarial Auditor |
Pradeep Kumar Named Managing Director
Pradeep Kumar has been elevated from Additional Executive Director to Managing Director for a 5-year term ending August 13, 2031, subject to shareholder approval.
He brings more than 28 years of professional experience, including over 23 years in construction and infrastructure and around 5 years in the tobacco industry. His experience covers project execution, operations, quality control, vendor development, cost control, regulatory compliance, business development and supply-chain management.
Independent Directors Add Governance and Finance Experience
Prachi Gupta joins as the Additional Director and Non-Executive Independent Woman Director. She is a qualified Company Secretary with experience in corporate law, securities regulations, listed-company compliance, Board processes and corporate governance.
Nisha, a commerce professional with more than 7 years of experience, brings expertise in accounting, financial reporting, taxation, statutory compliance and financial review.
Suraj Singh brings entrepreneurial and business management experience, including business development, customer engagement, commercial transactions and operational coordination.
Senior Finance and Compliance Team Strengthened
Elitecon has also appointed Purva Jhanwar as Company Secretary, Key Managerial Personnel and Compliance Officer.
Jhanwar is a qualified Chartered Accountant and Company Secretary with more than 9 years of combined professional experience across corporate compliance, finance, audit, taxation, banking and financial analysis.
Kusha Charan Swain has been appointed Chief Financial Officer and KMP. He brings more than 22 years of experience in financial management, accounting, taxation, audit, treasury, working capital management, financial planning and regulatory compliance, including FEMA and RBI regulations.
Executive Director and Secretarial Auditor Appointed
Paramjeet Singh Gulati has joined as Additional Director and Executive Director. He has entrepreneurial experience across business management, operations, commercial strategy and business development.
Meanwhile, M/s Neeraj Bajaj & Associates has been appointed as Secretarial Auditor to fill a casual vacancy. The firm has more than 15 years of cumulative professional experience in corporate secretarial compliance, governance, FEMA, due diligence and regulatory matters.
Elitecon’s Broader Business
Elitecon International describes itself as a diversified manufacturing and export enterprise with businesses spanning tobacco products, agri-commodities and an emerging FMCG portfolio.
The company was incorporated in 1987 and has its registered and corporate office in New Delhi, with a manufacturing facility in Nashik, Maharashtra. It also has subsidiaries in India, the UAE and Singapore.
Management’s View
Commenting on the appointments, Managing Director Pradeep Kumar said the strengthened leadership brings experience across governance, compliance, finance and operations, providing a stronger foundation for the company’s next phase of growth.
The company had announced its intention in July 2026 to strengthen its Board and management. The latest appointments take that plan forward within a matter of weeks.
EQMint Take on Elitecon International
Elitecon’s latest move is focused on building a broader leadership structure across governance, finance, compliance and operations.
The addition of 3 independent directors, a dedicated CFO, Company Secretary and Compliance Officer gives the company a more clearly defined management and oversight structure as it prepares for its next phase of growth.
The next key step will be shareholder approval for the appointments that require it under applicable law.
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Disclaimer: This article is not an investment advice and is for educational purpose only.
