Rights Issue25 May 2026, 06:51 pm
EFC (I) Ltd Allots 1,06,62,786 Equity Shares via Rights Issue
AI Summary
EFC (I) Limited's board approved the allotment of 1,06,62,786 fully paid-up equity shares at ₹150 each, including a premium of ₹148, to eligible shareholders via a rights issue. This decision, made on May 25, 2025, increases the company's paid-up equity share capital from ₹27,45,66,752 to ₹29,58,92,324. The allotment follows prior board approvals on April 3, 2026, and May 1, 2026, regarding the rights issue.
Key Highlights
- EFC (I) Ltd allots 1,06,62,786 equity shares via rights issue.
- Issue price is ₹150 per share, including a premium of ₹148.
- Paid-up equity share capital increases to ₹29,58,92,324 post-allotment.
- Allotment approved at board meeting on May 25, 2025.
- Face value of each share is ₹2.
Price Impact
More from EFCIL