EFC (I) Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2023

1. The Unaudited Standalone Financial Results of EFC (I) Limited for the Quarter and Nine-month ended December 31, 2023 have been prepared in accordance with Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with Companies Indian Accounting Standard Rules, 2015 and relevant amendments thereafter.

2. The figures of the previous period have been regrouped/rearranged whenever necessary.

3. The Statutory Auditors of the Company have carried out a "Limited Review" of the above results as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

4. The above Unaudited Standalone Results for the period ended December 31, 2023 have been reviewed by Audit Committee and approved by the Board of Directors at there meeting held on February 6, 2024.

5. During the period under review, the company has successfully issued 12,50,000 Equity Shares of face value of Rs. 2 each at an issue price of Rs. 28 per Equity Share (including premium of Rs. 26 per Equity Share) aggregating to to Rs. 350 lakhs. The allotment of equity shares was made on 6 December, 2023 Consequently, Rs. 325 lakhs are credited to Share premium and Rs. 25 Lakhs are credited to Equity Share capital.