BSE approves reclassification of 13 promoter entities to public category
EFCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 5.6 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
BSE has approved EFC (I) Limited's application to reclassify 13 promoter entities (individuals and trusts holding a combined 7,300 shares, about 0.00 percent) from the promoter category to the public category. Promoter holding remains essentially unchanged at 60.45 percent post reclassification. The company also received an advisory letter from BSE for delayed disclosure under Regulation 31A, as the application filed in August 2022 was disclosed only in June 2025. The company acknowledged the delay and said it has strengthened its compliance framework.
Neutral event; promoter shareholding barely shifts but BSE flagged delayed disclosure, raising minor governance concerns.