EFC (I) appoints M/s. Dhirubhai Shah & Co. LLP as internal auditor

EFC (I) Limited appointed M/s. Dhirubhai Shah & Co. LLP, Chartered Accountants, as its internal auditor for the financial year 2026-27. The board of directors approved the appointment at its meeting held on May 28, 2026. The firm will conduct the internal audit of the company for the specified period.

Appointment Details

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Dhirubhai Shah & Co. LLP holds a Firm Registration Number (FRN) of 102511W/ W100298. The firm's profile indicates experience in accounts, finance, audit, internal audit, and consultancy.

Particulars	Details
Firm Name	M/s. Dhirubhai Shah & Co. LLP
FRN	102511W/ W100298
Date of Appointment	May 28, 2026
Term	Financial Year 2026-27

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.07%	+2.09%	+6.44%	-35.25%	-43.79%	-43.79%

EFC (I) Limited has finalised the basis of allotment for its rights issue of 1,06,62,786 fully paid-up equity shares, which was subscribed 227.44% with total valid applications for 2,42,51,154 shares. The issue, priced at ₹150 per share including a premium of ₹148, opened for subscription on May 13, 2026, and closed on May 22, 2026, raising an aggregate amount of ₹15,99,18 lakh.

The Board of Directors approved the allotment of 1,06,62,786 Rights Equity Shares to successful applicants on May 25, 2026. Out of the total 4,684 applications received for 2,44,14,516 Rights Equity Shares, 167 applications for 1,63,362 shares were rejected due to technical reasons. The remaining 4,517 valid applications were considered for allotment.

Basis of Allotment

The allotment was finalised in consultation with the Registrar to the Issue and BSE Limited. The breakdown of allotment across categories is as follows:

Category	No. of valid CAFs received	Shares allotted against Entitlement	Shares allotted against Additional applied	Total Shares allotted
Non Renounees	4369	6156104	4098405	10254509
Renounees	144	408277	0	408277
Total	4513	6564381	4098405	10662786

Subscription Details

The issue received applications for 24,41,45,16 shares valued at ₹3,66,21,77,400. Non-renouncees accounted for 96.93% of the applications, applying for 22,64,78,86 shares, while renouncees applied for 17,66,630 shares. The total value of shares allotted was ₹1,59,94,17,900.

Timeline and Listing

Instructions for unblocking funds in case of ASBA applications were issued on May 25, 2026. The dispatch of Allotment Advice cum Unblocking Intimation to investors commenced on May 26, 2026. The listing application was filed with BSE and NSE on May 25, 2026, with approvals expected on or about May 26, 2026. The credit of equity shares to demat accounts will be completed on or about May 26, 2026.

Trading in the Rights Equity Shares is expected to commence on BSE and NSE on or about May 27, 2026. The company noted that the rights equity shares can be traded only in dematerialized form.