EFC (I) Ltd. Announces ₹160 Crore Rights Issue
Mumbai – April 3, 2026 – EFC (I) Ltd. announced today that its Board of Directors has approved a rights issue to eligible equity shareholders. The company plans to issue fully paid-up equity shares with a face value of ₹2 each, for an amount not exceeding ₹160 crore.The rights issue will be offered to shareholders on record as of a date to be determined and notified later. The specifics of the rights issue, including the issue price, rights entitlement ratio, record date, timeline, and payment terms, will be decided by the Board and disclosed to the exchanges subsequently.
The Board meeting commenced at 9:15 A.M. (IST) and concluded at 9:45 A.M. (IST).
| Particulars | Details | |
|---|---|---|
| 1 | Type of securities proposed to be issued | Equity Shares |
| 2 | Type of issuance | Rights issue to the eligible equity shareholders of the Company, as on the record date (to be determined and notified subsequently). |
| 3 | Total amount for which the securities will be issued (approximately) | Not exceeding ₹ 160 crore (Rupees One Hundred and Sixty Crore) |
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