EFC (I) Ltd. Approves Rights Issue of Equity Shares Up to ₹ 160 Crore

EFC (I) Ltd. announced that its Board of Directors approved a rights issue of fully paid-up equity shares with a face value of ₹2 each, for an amount not exceeding ₹ 160 crore. The rights issue is subject to regulatory and statutory approvals and will be offered to eligible equity shareholders as on the record date. The terms and conditions of the rights issue, including issue price, rights entitlement ratio, record date, timing, and payment terms, will be determined and disclosed in due course.