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EFC (I) gets nod to invest in Eleganz Interiors

09 May 2024 Evaluate

EFC (I) has received approval for strategic investment for an aggregate amount of Rs 2 crore (being 2,46,914 Equity Shares of Rs. 10 each at an issue price of Rs 81 per share) in Eleganz Interiors by way of subscribing to the Private Placement Offer. Eleganz Interiors stands at the forefront of delivering innovative interior business solutions, representing a strategic vertical investment within the Company's portfolio. The Board of Directors of the Company at their meeting held on May 9, 2024, has approved the same.

EFC (I) (formerly known as Aamani Trading & Exports) is engaged in the business of real estate services, property management services & renting or leasing services involving own or leased non-residential property.


Peers
Company Name CMP
Sagility 44.75
Prime Focus 314.45
Knowledge RealtyTrt. 113.71
Indegene 609.55
Syngene Internatl. 378.20
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