Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 pursuant to Preferential Issue of Equity Shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eforu Entertainment Ltd's board has approved raising funds of up to Rs. 15 crore through a preferential issue of 15,48,500 equity shares at Rs. 91 per share. The shares have a face value of Rs. 10 each, aggregating to Rs. 14.09 crores. Three allottees are involved: promoter Amit Pankaj Vedawala (receiving 2,98,900 shares, increasing his stake from 58.27% to 50.25%), non-promoter Global9 LLC (11,95,800 shares, acquiring 15.89% stake), and non-promoter Dilip Modi (53,800 shares, acquiring 0.71% stake). The issue is subject to shareholder approval at an Extraordinary General Meeting and regulatory clearances. The relevant date for pricing is May 6, 2026.
The preferential issue will dilute existing shareholder equity significantly, with promoter holding dropping from 58.27% to 50.25% while overall non-promoter holding rises from 41.73% to 49.75%. Shareholders should monitor the EGM for approval and the specific use of proceeds.