Publication of Newspaper Advertisement as per Regulation 92 of SEBI (ICDR), 2018
EFCIL · price
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EFC (I) Limited has published newspaper advertisements as per SEBI ICDR regulations disclosing the basis of allotment for its Rights Issue. The company issued 1,06,62,786 fully paid-up equity shares at ₹150 per share (including ₹148 premium), aggregating ₹15,994.18 lakhs. The issue received 4,517 valid applications for 2,42,51,154 shares, representing 227.44% subscription (2.27x oversubscribed). The Board approved allotment of all 1,06,62,786 shares on May 25, 2026. Credits to demat accounts and listing approvals are expected on May 26, 2026, with trading commencing May 27, 2026.
The rights issue has been successfully subscribed and completed, bringing approximately ₹15.99 crore to the company. The oversubscription indicates strong investor interest. The new shares will begin trading from May 27, 2026.