Description

EFC (I) Limited lists 37,730,000 new equity shares of Rs. 2/- each pursuant to amalgamation scheme with Whitehills Interior Limited, effective January 08, 2026.

Summary

BSE has approved the listing of 37,730,000 (3.77 crore) new equity shares of Rs. 2/- each of EFC (I) Limited (Scrip Code: 512008). These shares are issued pursuant to the Scheme of Amalgamation between Whitehills Interior Limited (Transferor Company) and EFC (I) Limited (Transferee Company). The new shares will be available for trading from January 08, 2026 and rank pari-passu with existing equity shares.

Key Points

  • 37,730,000 new equity shares of face value Rs. 2/- each being listed
  • Shares issued under Scheme of Amalgamation of Whitehills Interior Limited with EFC (I) Limited
  • New shares rank pari-passu (equal status) with existing equity shares
  • ISIN: INE886D01026 (same as existing shares)
  • Distinctive Numbers: 99553377 to 137283376
  • Date of Allotment: November 28, 2025
  • Scrip Code: 512008

Regulatory Changes

No regulatory changes introduced. This is a corporate action pursuant to an approved amalgamation scheme.

Compliance Requirements

  • Market participants are informed to note the increased share capital of EFC (I) Limited
  • Trading members should update their systems to reflect the increased number of shares available for trading
  • For clarifications, contact BSE at 022-2272 8706 / 5878

Important Dates

  • Notice Date: January 07, 2026
  • Date of Allotment: November 28, 2025
  • Trading Commencement Date: January 08, 2026 (Thursday)

Impact Assessment

Market Impact: The listing of 3.77 crore additional shares represents a significant increase in the equity base of EFC (I) Limited. This is a result of the merger with Whitehills Interior Limited, where shareholders of the transferor company have been allotted shares in EFC (I) Limited.

Shareholder Impact: Existing shareholders will see dilution in their percentage holding, though the shares rank equally with existing shares in terms of rights and entitlements. The increased float may improve liquidity in the stock.

Operational Impact: This is a routine listing following completion of the amalgamation process. No operational changes for market participants beyond noting the increased share capital and updated distinctive number range.

Impact Justification

Medium importance as it involves listing of significant number of shares (3.77 crore) pursuant to merger, which increases share capital by substantial amount but is routine corporate action with shares ranking pari-passu with existing equity.