EFC (I) Limited has informed the Exchange about Copy of Newspaper Publication as per Regulation 92 of SEBI (ICDR) Regulations, 2018
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EFC (I) Limited has published the basis of allotment for its rights issue in major newspapers. The company issued 1,06,62,786 fully paid-up equity shares at ₹150 per share (including ₹148 share premium), raising ₹15,994.16 lakhs. The issue was offered in the ratio of 8 rights shares for every 103 shares held as on record date May 7, 2026. The issue opened on May 13, 2026 and closed on May 22, 2026. Out of 4,684 applications received for 2,44,14,516 shares, valid applications of 4,517 for 2,42,51,154 shares were considered, representing 227.44% subscription. Allotment was approved by the board on May 25, 2026. Credit of shares to demat accounts is expected on May 26, 2026, with trading to commence on May 27, 2026.
The rights issue was significantly oversubscribed at 227.44%, indicating strong investor interest. Shareholders who received allotments will see credit of shares on May 26, 2026, with trading expected to begin the next day.