EFC (I) Ltd: No Deviation in Fund Utilization for Preferential Issue

EFC (I) Limited has filed a statement confirming no deviation or variation in the utilization of funds raised through a preferential issue. The total amount raised was ₹24,244.44 Lakhs, with allotments made on January 10, 2024 (₹22,964.16 Lakhs) and January 11, 2024 (₹1,280.80 Lakhs). The funds were allocated to business growth through integration, investment in technology and infrastructure, and working capital. The utilization reported for the quarter ended June 30, 2026, shows that the entire amount raised has been utilized as per the original objects, with zero deviation. The Audit Committee has reviewed and confirmed this. The report is filed as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.