Eforu Entertainment Allots 15.48 Lakh Shares for ₹14.09 Cr

Eforu Entertainment Ltd has announced the allotment of 15,48,500 equity shares, each with a face value of INR 10, at a price of INR 91 per share. This preferential issue, conducted on a private placement basis, has raised a total of ₹14,09,13,500. The allotment was approved by the Board of Directors following shareholder approval and in-principle approval from BSE Limited. The shares were allotted to three entities, including one promoter and two non-promoter categories. This move is part of the company's strategy to raise capital through preferential allotment.