The Board of Directors of EFC (I) Limited ("the Company"), at their meeting held today, i.e., Thursday, the 9th day of May, 2024 has considered and approved strategic investment for an aggregate amount of Rs. 2,00,00,034 (being 2,46,914 Equity Shares of Rs. 10 each at an issue price of Rs. 81 per share) in Eleganz Interiors Limited by way of subscribing to the Private Placement Offer.
Eleganz Interiors Limited stands at the forefront of delivering innovative interior business solutions, representing a strategic vertical investment within the Company's portfolio.
The Entity is conducting and carrying the business as Designers, Interior Decorators, Labour Contractors, Sanitary Experts, Supervisors, Surveyors, Appraisers, and Planners and Traders in all related items in all branches of Architecture, Structural and Engineering such as Civil, Mechanical, Electrical and Surveying and to undertake the work of Designing, Planning, Survey Materials Testing, Cost Estimates, Construction Installation, Supervision, Economic Appraisal, Engineering both for public and private throughout India and/or outside India.
Shares of EFC India Limited was last trading in BSE at Rs. 397.50 as compared to the previous close of Rs. 399.20. The total number of shares traded during the day was 179623 in over 259 trades.
The stock hit an intraday high of Rs. 402.00 and intraday low of 395.00. The net turnover during the day was Rs. 71807890.00. |
