EFC (I) Ltd — Important, 29-07-2026: Company Update

EFC (I) Limited confirmed no deviation or variation in the utilization of funds raised from its preferential issues and rights issue for the quarter ended June 30, 2026. The company raised Rs. 229.64 Cr and Rs. 12.81 Cr via preferential issues and Rs. 159.94 Cr through a rights issue. These funds were utilized strictly as per the stated objectives, which included business growth, technology investments, and working capital. This statement, reviewed by the Audit Committee, ensures transparency and adherence to funding plans for shareholders.