ALFA Filings
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EFC (I) Limited received an NCLT order dispensing with the requirement to hold meetings of shareholders and creditors for its Scheme of Arrangement (Demerger).
EFC (I) Ltd has completed the sale of its 100% equity stake in its subsidiary, Sanvritti Alpha Private Limited, for a total consideration of Rs. 39 Crore.
EFC (I) Ltd has entered a Share Acquisition Agreement to acquire 100% equity stake in Ultrafresh Modular Solutions Limited. This acquisition expands its furniture manufacturing and Design & Build capabilities.
EFC (I) Limited has signed a Share Purchase Agreement to acquire 100% equity of Ultrafresh Modular Solutions Limited for ₹54 Crore via share swap.
EFC (I) Limited announced a board-approved scheme of arrangement to demerge the asset-light managed office solutions business of its subsidiary, EFC Limited, into itself.
EFC (I) Limited has decided to withdraw its previously proposed Scheme of Arrangement of Demerger, citing operational and business considerations.
EFC (I) Limited incorporated two wholly-owned real estate subsidiaries in India. This expansion strengthens the company's real estate services footprint.
EFC (I) Limited incorporated a new wholly-owned subsidiary, EFC Estate Wakadewadi 1 Private Limited, on May 6, 2026. The subsidiary will operate in the real estate service sector, specifically managing commercial property in Pune. The initial subscription cost is ₹1,000 for 100% shareholding.
EFC (I) Limited has incorporated a new wholly-owned subsidiary, EFC Estate Wakadewadi 2 Private Limited, in Pune. The entity will focus on real estate as a service, specifically managing commercial property demerged from a material subsidiary. The initial subscription amount is nominal at ₹1,000.
EFC (I) Limited incorporated a new wholly-owned subsidiary, EFC Estate Wakadewadi 2 Private Limited, on April 29, 2026. The subsidiary will hold property in Pune acquired through a demerger from EFC Limited. This incorporation aligns with the company's real-estate-as-a-service business model.