EFC (I) Ltd — Important, 06-05-2026: Company Update

EFC (I) Limited has finalized its Rights Issue of 1.07 crore equity shares at ₹150 each, a significant discount to recent market prices, aggregating to ₹159.94 crore. Eligible shareholders can subscribe to 8 new shares for every 103 shares held. The capital raise aims to boost working capital for the company and its subsidiaries (EFC Limited, EK Design Industries) to support growth in managed office solutions, design & build, and furniture manufacturing verticals. Funds will also be used for strategic business development and market expansion. The issue opens May 13, 2026.