EFC (I) Limited's Board of Directors has approved a significant rights issue proposal worth up to ₹160 crore during their meeting held on April 3, 2026. The company informed stock exchanges about the board's decision to issue fully paid-up equity shares through a rights offering to eligible shareholders.
Board Meeting Outcome
The board meeting, which commenced at 9:15 A.M. (IST) and concluded at 9:45 A.M. (IST), resulted in the approval of equity share issuance with a face value of ₹2 each. The rights issue will be conducted in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Meeting Details: Information Meeting Date: April 3, 2026 Meeting Duration: 9:15 A.M. to 9:45 A.M. (IST) Issue Amount: Up to ₹160 crore Share Face Value: ₹2 each Issue Type: Rights issue
Rights Issue Structure
The rights issue will be offered to eligible equity shareholders as on the record date, which will be determined and notified subsequently. The board has outlined that specific terms including issue price, rights entitlement ratio, record date, timing, and payment terms will be determined and disclosed to exchanges in due course.
Rights Issue Parameters: Status Maximum Issue Size: ₹160 crore Eligible Shareholders: As on record date (TBD) Issue Price: To be determined Rights Entitlement Ratio: To be determined Record Date: To be notified
Regulatory Compliance
The company has issued formal intimation to both BSE Limited (Scrip Code: 512008) and National Stock Exchange of India Limited (NSE Symbol: EFCIL) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval remains subject to necessary regulatory and statutory approvals as required under applicable laws.
Trading Window Status
As previously announced, the company's trading window for dealings in securities remains closed from March 30, 2026, and will continue until 48 hours after the announcement of audited financial results for the quarter and year ended March 31, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
The communication was signed by Aman Gupta, Company Secretary, with detailed disclosures provided as per regulatory requirements. The company maintains its registered office at VB Capitol Building, Pune, and additional information is available on its official website at www.efclimited.in .
EFC (I) Limited has announced an upcoming analyst and investor meeting as part of its regular stakeholder engagement activities. The company has formally notified both BSE Limited and the National Stock Exchange of India Limited about the scheduled interaction under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Meeting Details and Schedule
The analyst and investor meeting has been organized with specific parameters to facilitate meaningful interactions between company officials and market participants.
Parameter: Details Date: Saturday, March 28, 2026 Time: 4:00 PM to 6:30 PM Location: Chennai Meeting Mode: In Person Type: Group/One on One
Regulatory Compliance and Disclosure
The company has emphasized its commitment to regulatory compliance by ensuring proper disclosure protocols. EFC (I) Limited has specifically stated that no unpublished price-sensitive information pertaining to the company will be shared during the meeting with analysts and investors. This adherence to disclosure norms reflects the company's commitment to maintaining transparency while protecting market integrity.
The meeting schedule remains flexible, with the company noting that changes may occur due to exigencies on the part of analysts, investors, or the company itself. This provision allows for necessary adjustments while maintaining the overall framework of the engagement.
Corporate Communication Framework
The announcement was signed by Aman Gupta, Company Secretary of EFC (I) Limited, and digitally authenticated on March 24, 2026. The formal communication to stock exchanges demonstrates the company's systematic approach to investor relations and regulatory compliance.
Such analyst and investor meetings serve as important platforms for companies to engage with the investment community, providing insights into business operations, strategic direction, and performance metrics while maintaining strict adherence to disclosure regulations.
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