EFC (I) gains on incorporating wholly-owned subsidiary
EFC (I) is currently trading at Rs. 233.45, up by 3.40 points or 1.48% from its previous closing of Rs. 230.05 on the BSE.
The scrip opened at Rs. 235.00 and has touched a high and low of Rs. 242.00 and Rs. 230.35 respectively. So far 50769 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 358.48 on 16-Dec-2024 and a 52 week low of Rs. 151.55 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 244.00 and Rs. 202.60 respectively. The current market cap of the company is Rs. 2324.07 crore.
The promoters holding in the company stood at 45.57%, while Institutions and Non-Institutions held 8.31% and 46.12% respectively.
EFC (I) has incorporated a Wholly-owned Subsidiary (WOS) company namely ‘EFC Estate 710 Alpha’ and the Certificate of Incorporation was received from Ministry of Corporate Affairs on February 24, 2025.
The key objective of proposed incorporation is to do Strategic association for Commercial Real Estate Projects, IT Park Projects, which is in line of business of serviced offices provided by EFC (I) and its other subsidiaries.
EFC (I) (formerly known as Aamani Trading & Exports) is engaged in the business of real estate services, property management services & renting or leasing services involving own or leased non-residential property.
