EFC allots 20 lakh shares at Rs 270 each via share swap for Ultrafresh acquisition
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 1.9 pts less than Nifty Microcap 250 and 1.8 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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EFC (I) Limited allotted 19,99,996 equity shares at Rs 270 each (Rs 2 face value, Rs 268 premium), totalling Rs 53.99 crore, to 9 non-promoter investors on October 1, 2026. Issued on preferential basis for consideration other than cash to acquire 100% stake in Ultrafresh Modular Solutions Limited through share swap. TTK Prestige Limited received the largest allocation of 10,20,038 shares.
Share-swap acquisition of Ultrafresh expands business without cash outflow; minor equity dilution from 20 lakh new shares issued at premium.