EFC (I) shares move as it plans to acquire 100% stake in Ultrafresh Modular Solutions.
Why did EFC (I) Ltd shares jump today?
EFC (I) Ltd shares saw a modest uptick today, closing at ₹178.45 on Thursday at 04:01 PM. This represents a gain of 0.06% from the previous session. While the movement was small, the positive close indicates investor optimism following a key company announcement.
The reason for today's movement is a major strategic acquisition. EFC (I) Limited has entered into an agreement to acquire 100 percent of the equity shares of Ultrafresh Modular Solutions Limited. This deal is subject to certain conditions being met, as outlined in the official filing. The acquisition is a significant move to bolster EFC's business.
This purchase is designed to strengthen EFC's existing operations in the furniture and "Design & Built" sectors. By bringing Ultrafresh Modular Solutions into its fold, the company aims to enhance its capabilities and market position in these verticals. The announcement signals EFC's proactive strategy for expansion and long-term growth in its core business areas.
What does EFC (I) Ltd do?
EFC (I) Limited is an entity listed on the BSE Limited (Scrip Code: 512008) and the National Stock Exchange of India Limited (NSE Symbol: EFCIL). The company has executed a Share Acquisition Agreement to acquire 100% of the equity shareholding in Ultrafresh Modular Solutions Limited.
This acquisition is subject to the fulfilment of conditions precedent and other terms stipulated in the agreement. EFC (I) Limited's registered office is located at the 6th Floor, VB Capitol Building, Range Hill Road, Pune, Maharashtra.
EFC (I) Ltd Financials
In CroresEFC (I) Ltd's financials show a modest decrease in revenue from ₹292.88 crores in March 2026 to ₹282.88 crores in June 2026, representing a quarter-over-quarter decline. Correspondingly, the company's profit also saw a slight reduction, moving from ₹69.4 crores to ₹69.0 crores over the same period. While revenue experienced a clear downward trend, the profit figure remained relatively stable, indicating that the company maintained its profitability margin despite the top-line contraction.
EFC (I) Ltd Shareholding Pattern
Promoter holding stands at 56.08% of the total share capital. Foreign Institutional Investors (FIIs) hold 1.26% stake in the company, while Domestic Institutional Investors (DIIs) hold 8.88%. Public shareholders hold the remaining 33.78% stake in EFC (I) Ltd.
EFC (I) Ltd FAQs
Q: Why did EFC shares jump 0.06% today?
EFC (I) Limited to Acquire 100 percent Stake in Ultrafresh Modular Solutions Limited.. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of EFC (I) Ltd?
As per the latest data, promoters hold 56.08% stake in EFC (I) Ltd, while FII holding stands at 1.26%. Domestic institutional investors hold 8.88%, and public shareholders account for 33.78% of the equity.
Q: What is the current stock price of EFC (I) Ltd?
EFC (I) Ltd shares are currently trading at ₹178.45, recording a gain of 0.06% from the previous close.
Q: What is the market capitalization of EFC (I) Ltd?
The company currently has a market capitalization of ₹2640.1 crore, reflecting its valuation in the Indian equity market.