EFC (I) shares rise 3% on Ultrafresh acquisition approval
pre-market1 source ↓written by the desknot a recommendation
- after the board
- 3%
- of Ultrafresh Modular
- 100% acquisition
- via a share-swap
- ₹54 crore
- to Ultrafresh shareholders
- 19,99,996 equity shares
- is expected
- 31 Oct 2026
EFC (I) shares surged over 3% after the board approved the 100% acquisition of Ultrafresh Modular Solutions for nearly ₹54 crore via a share-swap transaction. The acquisition involves issuing up to 19,99,996 equity shares to Ultrafresh shareholders. Completion is expected by 31 Oct 2026.
Not investment advice. For informational purposes only.