EFC (I) Ltd confirms no encumbrance on promoter shares in FY26
EFC (I) Ltd confirmed via a regulatory filing on April 7, 2026, that no encumbrance was created on promoter shares during FY26. Promoter Abhishek Narbaria declared the status on behalf of the group under SEBI takeover regulations.

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EFC (I) Ltd has confirmed that no encumbrance was created on the equity shares held by its promoter and promoter group during the financial year ended March 31, 2026. The declaration, made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensures that the shares held by the promoters remain free from charges other than those previously disclosed.
Abhishek Narbaria, a promoter of EFC (I) Ltd , submitted the confirmation to BSE Limited and National Stock Exchange of India Limited on April 7, 2026. The filing was made on behalf of the entire promoter and promoter group as detailed in the annexure to the submission.
Promoter and Promoter Group Details
The declaration covers the following individuals categorized as promoters and promoter group members:
| S. No. | Name | Category |
|---|---|---|
| 1. | Umesh Kumar Sahay | Promoter |
| 2. | Abhishek Narbaria | Promoter |
| 3. | Aditi Umesh Sahai | Promoter Group |
| 4. | Amit Narbaria | Promoter Group |
| 5. | Ganga Sahai | Promoter Group |
| 6. | Lakhan Lal Narbaria | Promoter Group |
| 7. | Pushpa Sahai | Promoter Group |
| 8. | Akalpita Surendra Bedkihal | Promoter Group |
The disclosure was addressed to the corporate relationship departments of both stock exchanges and copied to the Audit Committee of EFC (I) Ltd.
Historical Stock Returns for EFC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.07% | +2.09% | +6.44% | -35.25% | -43.79% | -43.79% |
How will the confirmation of unencumbered promoter shares influence investor confidence and EFC (I) Ltd's stock liquidity?
Does this disclosure signal a strategic shift by the promoters, such as preparing for future fundraising or an acquisition?
How might this clean shareholding structure impact EFC (I) Ltd's ability to secure corporate debt or financing in the upcoming fiscal year?

































