EFC (I) has incorporated a subsidiary named �EK Design Industries� and the Certificate of Incorporation was received from Ministry of Corporate Affairs on 18 February 2024. The company has invested Rs 76 lakh for a 76% stake in paid-up share capital of Ek Design post incorporation. Powered by Capital Market - Live News

Net profit of EFC (I) rose 672.43% to Rs 16.53 crore in the quarter ended December 2023 as against Rs 2.14 crore during the previous quarter ended December 2022. Sales rose 553.80% to Rs 172.08 crore in the quarter ended December 2023 as against Rs 26.32 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales172.0826.32 554 OPM %35.4820.06 - PBDT51.345.35 860 PBT31.384.98 530 NP16.532.14 672 Powered by Capital Market - Live News

EFC (I) will hold a meeting of the Board of Directors of the Company on 6 February 2024.Powered by Capital Market - Live News

The Board of EFC (I) at its meeting held on 10 January 2024 has approved allotment of 81,43,318 equity shares of Rs 2 each at a price of Rs 282 per share to non-promoters. Powered by Capital Market - Live News

EFC (I) will hold a meeting of the Board of Directors of the Company on 10 January 2024.Powered by Capital Market - Live News