EFC (I) to acquire 100% of Ultrafresh Modular Solutions via share swap

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

EFCIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹184.21

prior close

₹190.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+0.5% vs market

Diversified Commercial Services peers, median of 76sector+0.0%-0.1% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-1.0

15m

-0.6

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.6+0.5+0.0-0.1

Next day

+2.7-0.1+2.7-0.2+2.8

+4.3+0.2+4.1+0.0+4.3

+9.8+0.4+9.3-0.4+10.1

+9.1+0.0+9.1-0.5+9.6

+11.9+0.6+11.3-0.4+12.3

+9.7+0.7+9.0+0.3+9.3

15d

+1.8+1.5+0.3-0.8+2.6

-3.3+0.2-3.5-1.0-2.3

-8.8-3.7-5.1-5.1-3.7

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 76Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

EFC (I) board approved acquiring 100% of Ultrafresh Modular Solutions, a 51% subsidiary of TTK Prestige, via share swap worth about Rs. 54 crore. EFC will issue up to 19,99,996 fresh equity shares. Ultrafresh operates in modular kitchens, wardrobes, and home interiors, with FY26 turnover of Rs. 36.32 crore. The deal extends EFC's furniture business and is expected to close by Oct 31, 2026, subject to shareholder approval.

Likely market impact

Strategic expansion into modular furniture; share-swap deal may dilute existing shareholders but adds a growing brand with Rs. 36 cr revenue.