EFC (I) Gets Board Nod for Bonus Issue of Shares

MT Newswires Live

2024/12/27

Real estate leasing and managed office solutions company EFC (I) (BOM:512008) has received board approval to issue bonus shares, according to a Friday filing to the stock exchanges.

The company plans to issue one new fully paid-up equity share of 2 rupees each for each existing fully paid-up equity share of 2 rupees each, to eligible equity shareholders of the company.

Shares of the company were up over 1% in recent trade.

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