EFC allots 19,99,996 shares to acquire 100% of Ultrafresh through a share swap
As filed · EFC (I) Limited has informed the Exchange regarding allotment of 1999996 securities pursuant to Preferential Issue at its meeting held on October 01, 2026
CapitalMixedNotablemateriality 72 out of 100
What happened
FactEFC’s Management Committee approved the allotment of 19,99,996 fully paid-up equity shares to nine non-promoter investors at Rs. 270 per share. The shares were issued as consideration for acquiring 100% of Ultrafresh Modular Solutions Limited on a fully diluted basis through a share swap and rank pari-passu with existing shares.