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