Pursuant to Regulation 29 (1)(d) and 30 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), EFC (I) has informed that the Board Meeting of the Company was held today, Saturday, the 19th day of November, 2022 at the corporate office of the Company at 11.00 am, considered and approved the following: 1,75,000 warrants converted into 1,75,000 equity shares of Rs 10 each issued at a price Rs 140 to Promoters on a preferential basis; and details of the conversion of warrants into equity.
The above information is a part of company’s filings submitted to BSE.