EFC (I) to hold 41st annual general meeting virtually in September

EFC (I) Limited will convene its 41st Annual General Meeting (AGM) on Tuesday, September 30, 2025, at 12:00 P.M. The meeting will be held virtually, in compliance with regulatory provisions. Shareholders will vote on key resolutions, including adopting the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, and re-appointing Nikhil Dilipbhai Bhuta as a director.

The AGM agenda also includes the appointment of Sachapara & Associates as secretarial auditors for five consecutive years, from FY 2025-26 to FY 2029-30, at a fee of INR 250,000 per annum, plus applicable taxes. Additionally, Bhuta’s re-appointment as whole-time director for five years, effective October 1, 2025, to September 30, 2030, will be proposed, with his remuneration set to rise from INR 1,300,000 per month for 2025-26 to INR 2,000,000 per month by 2027-28.

Remote e-voting will commence on Saturday, September 27, 2025, at 9:00 a.m. IST and conclude on Monday, September 29, 2025, at 5:00 p.m. IST. The cut-off date for determining voting rights is Tuesday, September 23, 2025.