EFC (I) rights issue

The subscription period for EFC (I)’s rights issue is 03-04-2026 to 07-05-2026. The record date will be 07-05-2026. The subscription window period is usually 15 to 30 days.

As per the ratio of 8:103, the issue price of the shares under EFC (I)’s right issue on the record date of 07-05-2026 is 148 per equity share.

You can apply for EFC (I)’s right issue online if your bank supports the Applications Supported by Blocked Amount (ASBA) process.
For offline, EFC (I)’s Registrar and Transfer Agent (RTA) sends the Composite Application Form (CAF) to each shareholder entitled to receive the Rights Issue. Fill out and submit the form to a Self-Certified Syndicate Bank (SCSB) branch (WEB).
Alternatively, you can use your bank account sharing the same PAN number as your Choice Demat account to apply for EFC (I)'s rights issue.

The record date for EFC (I) rights issue 2026 is 07-05-2026

The last day to apply for EFC (I)’s rights issue is 07-05-2026. This date typically falls within a period of 15 to 30 days, from the Rights Issue Opening Date, which in this case is 03-04-2026.

Yes, subscribing to EFC (I)’s right issue has certain tax implications:

1. Subscription: There’s no immediate tax liability. The cost of acquisition is the subscription price plus transaction charges.
2. Capital Gains on Sale:
   • Short-Term: Gains from shares sold within 12 months are taxed at 20%.
   • Long-Term: Gains from shares held over 12 months are taxed at 12.5% (exceeding ₹1.25 lakh annually).
3. Renunciation:
   • Selling rights entitlement attracts capital gains tax.
   • Gifted rights have no immediate tax but may impact the recipient later.
4. Dividend Income: Taxed at the shareholder's applicable slab rate.

You may consult a tax professional or review the latest tax laws for specific advice.