StockWatch
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Trading & Distributors
Investment6 May 2026, 07:41 pm

Eforu Ent to Raise ₹14.09 Cr via Preferential Issue

AI Summary

Eforu Entertainment Ltd (formerly Tavernier Resources Limited) announced a preferential issue of equity shares to raise ₹14.09 Crores. The Board of Directors approved the issuance of 15,48,500 equity shares at ₹91 per share to promoters and non-promoters, subject to regulatory and shareholder approvals. The funds will be raised by allotting equity shares with a face value of ₹10 each. The relevant date for the issue as per SEBI ICDR Regulations is May 6, 2026.

Key Highlights

  • Eforu Ent plans to raise ₹14.09 Cr through preferential issue of equity shares.
  • 15,48,500 equity shares to be issued at ₹91 per share.
  • Allotment to promoters and non-promoters, subject to approvals.
  • Relevant date as per SEBI ICDR Regulations is May 6, 2026.
  • Board meeting approved the fund raising on May 6, 2026.