EFC (I) Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2025
Auditor and Management Disclosures and Notes for the quarterly results dated 31 Mar 2025
1. The Audit Committee has reviewed, and the Board of Directors has approved the above results at
their respective meetings held on May 29, 2025 and have been audited by the Statutory auditors
of the Company.
2. The figures for the corresponding previous periods have been regrouped/ reclassified wherever
necessary, to make them comparable.
3. The figures for quarter ended March 31, 2025 and 31st March 2024 are balancing figures between
the audited figures of the full financial year and the limited reviewed figures of nine months ended
31 December 2024 and 31 December 2023 respectively.
4. The above audited standalone financial results of the EFC (I) Limited (“the Company”) have been
prepared in accordance with the recognition and measurement principle laid down in Indian
Accounting Standards ("Ind AS") as prescribed under Section 133 of the Companies Act 2013, as
amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing
Obligation and Disclosure Requirements) Regulations 2015 ("the Regulations").
5. The Authorized Share Capital of the Company has been increased to INR 25,00,00,000, comprising
12,50,00,000 equity shares of INR 2 each. The Paid-up Share Capital now stands at INR
19,91,06,752, consisting of 9,95,53,376 equity shares of INR 2 each.
6. The Company has issued bonus shares in the ratio of 1:1 to all eligible shareholders as of the record
date, February 11, 2025. A total of 4,97,76,688 fully paid-up equity shares of INR 2 each have been
allotted pursuant to the bonus issue.
7. The Company has subscribed 1,40,00,000 Compulsorily Convertible Debentures (CCDs) with a
coupon rate of 0.001%, aggregating to INR 140 crore issued by EFC Limited (Material Wholly-owned
Subsidiary).