EFCIL’s arm subscribes additional stake in EFC Tech

30 Nov 2022 Evaluate

EFC’s (I) (EFCIL) wholly owned subsidiary – EFC has subscribed 2,250 equity shares of EFC Tech in right issue offer floated by it, resulting EFC Tech becomes subsidiary of EFC. Before subscription of right issue EFC was holding 40% shares of EFC Tech and currently EFC holds 51% equity shares of EFC Tech.

EFC (I) is engaged in the business of trading of cotton fabrics.

EFC (I) Share Price

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