EFC Share Price Jumps Over 3% After DIIs Raise Stake to Record 5.92%

EFC (I) Ltd, a prominent player in its sector, is seeking approval from its shareholders to increase the company’s authorised share capital. This step is crucial to allow the company greater flexibility for future funding, acquisitions, and strategic growth. The company has initiated a postal ballot via remote e-voting for shareholders to cast their votes on the proposal.

Core Proposal for Share Capital Increase

EFC (I) Ltd has proposed to increase its authorised share capital from ₹25,00,00,000 (12,50,00,000 equity shares of ₹2 each) to ₹40,00,00,000 (20,00,00,000 equity shares of ₹2 each). This will involve the creation of an additional 7,50,00,000 equity shares at ₹2 each. The company plans to amend Clause V of its Memorandum of Association (MOA) to reflect this change, ensuring that it is legally aligned with the new authorised capital.

This proposed change is aimed at providing flexibility for the company to raise funds in the future, whether through equity allotments or convertible instruments such as CCDs or warrants. The increase in share capital will support the company’s strategic goals, including growth, acquisitions, and partnerships.

Recent DII Stake Increase in EFC (I) Ltd

Domestic Institutional Investors (DII) have shown increasing confidence in EFC (I) Ltd. In the August 2025 quarter, they increased their stake in the company to 5.92%, up from 5.14% in June 2025 and 4.58% in March 2025. This rise in DII stake suggests growing institutional confidence in EFC (I) Ltd’s future prospects, particularly as the company moves forward with its expansion plans and capital restructuring.

Read More: EFC Share Price in Focus Following Nikhil Bhuta’s Re-Appointment and Auditor Appointment!

Importance of the Amendment

The increase in authorised share capital is critical for EFC (I) Ltd’s long-term growth strategy. By expanding the number of authorised shares, the company will be in a better position to raise funds when needed, without the constraints of its current capital structure. This will also open up opportunities for strategic partnerships, acquisitions, and general capital requirements.

EFC (I) Share Price Performance

On October 7, 2025, EFC (I) share price opened at ₹290.50 on NSE, below the previous close of ₹290.65. During the day, it surged to ₹302.95 and dipped to ₹287.90. The stock is trading at ₹300.60 as of 10:05 AM. The stock registered a significant gain of 3.42%.

Over the past week, it has moved up by 0.20%, over the past month, it has declined by 5.89%, and over the past 3 months, it has declined by 12.83%.

Conclusion

EFC (I) Ltd’s proposal to increase its authorised share capital reflects a proactive approach towards business growth and future funding flexibility. The outcome of the shareholder vote will determine whether the company can move forward with its expansion plans.Additionally, the increasing stake of Domestic Institutional Investors (DII) further strengthens the outlook for the company.

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