EFC (I) Ltd. Clears Rs 159.94 Crore Rights Issue at Rs 150 a Share

EFC (I) Ltd. ( (IN:EFCIL) ) has issued an announcement.

EFC (I) Ltd. has approved a rights issue of fully paid-up equity shares with a face value of Rs 2 each, priced at Rs 150 per share including premium, to raise approximately Rs 159.94 crore. The offer, cleared in-principle by both BSE and NSE, will be made to existing shareholders in the ratio of 8 rights shares for every 103 shares held as of the record date of May 7, 2026.

The rights issue will increase the company’s outstanding equity shares from about 13.73 crore to 14.79 crore assuming full subscription, modestly diluting existing holdings while bolstering its capital base. The issue opens on May 13, 2026 and closes on May 22, 2026, with on-market renunciation allowed until May 18, 2026, giving current investors an opportunity either to participate in the fundraising or monetize their entitlements in the market.

More about EFC (I) Ltd.

EFC (I) Ltd. is an India-based listed company that provides professional and commercial services, operating under corporate regulations in Pune, Maharashtra, with its equity shares traded on BSE and the National Stock Exchange under the symbol EFCIL. The company raises capital through equity markets and follows Securities and Exchange Board of India disclosure and listing requirements as part of its corporate financing strategy.

Average Trading Volume: 139,967

Technical Sentiment Signal: Buy

Current Market Cap: 26.87B INR

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