Agri groups among Elitecon Intl proposal for merger of its entities into a unified structure
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Elitecon International Ltd has proposed the merger of group subsidiaries — Golden Cryo Pvt Ltd, Sunbridge Agro Pvt Ltd, and Landsmill Agro Pvt Ltd — into a unified structure, subject to requisite statutory and regulatory approvals.
A media statement said that the proposed scheme of merger is envisaged as a significant step toward consolidating the company’s diversified yet synergistic business verticals into a unified structure. The initiative is intended to enhance operational efficiency, improve capital and governance alignment, enable efficient statutory compliance management, and facilitate better cross-functional integration of manpower, leading to overall organisational optimisation.
It said that Elitecon International Ltd, a diversified FMCG enterprise, has appointed Deloitte Touche Tohmatsu India LLP as its professional advisor to assist the company in evaluating, structuring, and implementing a scheme of merger, including related regulatory compliances, for Golden Cryo Pvt Ltd, Sunbridge Agro Pvt Ltd, and Landsmill Agro Pvt Ltd, proposed to be merged with Elitecon International Limited, subject to requisite statutory and regulatory approvals.
Supporting evaluation
Through this engagement, Deloitte will act as the company’s strategic tax regulatory advisor and transaction programme manager, supporting the evaluation, structuring, and implementation of the merger scheme, including oversight and coordination of related regulatory and procedural compliances. The mandate reflects Elitecon International’s commitment to best-in-class governance standards, robust compliance frameworks, and transparent execution of its strategic corporate actions, it said.
Quoting Vipin Sharma, Managing Director of Elitecon International Ltd, the statement said: “Over the last few years, Elitecon International has scaled its operations across business verticals. The next phase of growth is focused on strengthening institutional frameworks. Bringing our operating entities into a unified structure supports greater transparency, accountability, and long-term capital alignment. The appointment of Deloitte Touche Tohmatsu India LLP reflects our intent to execute this process with rigour, discipline, and adherence to established regulatory processes.”
Published on January 9, 2026
