EFC (I) Ltd — Important, 14-08-2026: Company Update

EFC (I) Limited has received monitoring agency reports on its fund utilization. For the ₹159.94 crore Rights Issue, ₹0.94 crore was used this quarter for company working capital, with the remaining ₹159.00 crore primarily held in fixed deposits. The ₹242.44 crore Preferential Issue funds are now fully utilized. This quarter, ₹21.46 crore went to business growth (including subsidiary investments), ₹11.78 crore to technology and human resources (covering director remuneration), and ₹23.68 crore to working capital for the company and its subsidiaries. The monitoring agency noted a clarification regarding preferential issue fund usage, which shareholders subsequently approved.