EFCILNSEEFC (I) LimitedMediumNeutral
Announced Thu, 28 May · 23:58 IST

EFC (I) Limited has informed the Exchange regarding Appointment of Ms Dhirubhai Shah and Co LLP as Other of the company w.e.f. May 28, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-6.1%1-day move
₹191.00
prior close
₹190.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.9-3.0-3.4-6.1-6.7-7.3-8.7-1.6-2.6+0.2-3.4
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AI summary

EFC (I) Limited's Board of Directors, in a meeting held on May 28, 2026, approved the appointment of M/s. Dhirubhai Shah & Co. LLP, Chartered Accountants, as the company's Internal Auditors for Financial Year 2026-27. This appointment is disclosed under SEBI Regulation 30 (Listing Obligations and Disclosure Requirements), which requires listed companies to inform stock exchanges of key managerial and governance changes. The firm brings experience in accounts, finance, audit, internal audit, and consultancy.

Likely market impact

This is a routine governance matter concerning the appointment of an internal audit firm and carries no direct short-term impact on the stock price or shareholder value. It does reflect standard compliance with SEBI listing norms.