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EFC (I) Ltd. Board Approves Promoter Reclassification

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EFC (I) Ltd. Board Approves Promoter Reclassification

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EFC (I) Ltd. ( (IN:EFCIL) ) has provided an update.

EFC (I) Ltd. announced that its Board of Directors approved the reclassification request of two promoters, Ms. Shefali Chintan Parikh and Mr. Niren Abhaykumar Jhaveri, from ‘Promoter’ to ‘Public’ category. This decision, subject to stock exchange approval, reflects a strategic shift in the company’s shareholder structure, potentially impacting its market positioning and stakeholder dynamics.

More about EFC (I) Ltd.

EFC (I) Ltd. operates in the financial sector, providing a range of services and products. The company is focused on maintaining compliance with regulatory requirements and is listed on major Indian stock exchanges.

Average Trading Volume: 166,359

Technical Sentiment Signal: Buy

Current Market Cap: 28.22B INR

Find detailed analytics on EFCIL stock on TipRanks’ Stock Analysis page.

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