EFC (I) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/12/2023 ,inter alia, to consider and approve a) Proposal for raising of funds by way of issue of equity shares, through Private Placement/Preferential Issue or such other methods in one or more tranches as may be decided by the Board and to approve ancillary actions for the above mentioned fund raising, subject to such statutory/regulatory approvals as may be necessary, including the approval of the Shareholders of the Company, wherever required; and b) Conducting Extra-ordinary General Meeting/Postal Ballot, to seek approval of shareholders inter-alia in respect of the aforesaid proposal, if the same is approved by the Board. The Trading Window for dealing in the securities of the Company by the Designated Persons of the Company and/or their immediate relatives will remain closed from November 24, 2023 and the same will re-open on expiry of forty-eight hours after the outcome of the Board meeting.