EFC (I) moves up on getting nod to invest in Eleganz Interiors
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EFC (I) is currently trading at Rs. 374.30, up by 0.90 points or 0.24 % from its previous closing of Rs. 373.40 on the BSE.
The scrip opened at Rs. 387.85 and has touched a high and low of Rs. 387.85 and Rs. 363.25 respectively. So far 4554 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 495.00 on 17-Jan-2024 and a 52 week low of Rs. 162.80 on 14-Jun-2023.
Last one week high and low of the scrip stood at Rs. 413.00 and Rs. 363.25 respectively. The current market cap of the company is Rs. 1863.14 crore.
The promoters holding in the company stood at 45.57 % while Institutions and Non-Institutions held 8.08 % and 46.35 % respectively.
EFC (I) has received approval for strategic investment for an aggregate amount of Rs 2 crore (being 2,46,914 Equity Shares of Rs. 10 each at an issue price of Rs 81 per share) in Eleganz Interiors by way of subscribing to the Private Placement Offer. Eleganz Interiors stands at the forefront of delivering innovative interior business solutions, representing a strategic vertical investment within the Company's portfolio. The Board of Directors of the Company at their meeting held on May 9, 2024, has approved the same.
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.
