EFC (I) Limited has completed the monetization of its underlying real estate asset through the sale and transfer of its entire 100% equity shareholding in its wholly-owned subsidiary, Sanvritti Alpha Private Limited (formerly known as EFC Estate 56 Alpha Private Limited).

The transaction was completed pursuant to a Share Acquisition Agreement dated September 4, 2026, with the completion also occurring on the same date.

Key Transaction Details

  • Total Consideration: INR 39,00,00,000/- (Indian Rupees Thirty-Nine Crores only)
  • Asset Description: The underlying real estate comprises two floors in the Konark Alpha Building situated in Pune, Maharashtra. The property was acquired in 2025, developed into an A-grade asset, and fully leased to premium customers, making it an income-generating asset.
  • Transaction Structure: The deal was structured as "Asset Sale and Lease Back," meaning EFC will continue to operate the property as managed coworking spaces despite the ownership transfer.

Financial Impact of the Subsidiary

As per the annexure disclosure requirements under SEBI Listing Regulations:

  • Turnover Contribution: Sanvritti Alpha Private Limited contributed Rs. 221.35 Lakhs to consolidated turnover for FY 2025-26, representing 0.21% of the company's total.
  • Net Worth Contribution: The subsidiary had a negative net worth of Rs. (506.56) Lakhs as of March 31, 2026, representing (0.62)% of the consolidated net worth.

Buyer Information

  • Buyer: Sanvritti Global Private Limited, a private limited company incorporated under the Companies Act, 2013, with its registered office in Pune, Maharashtra.
  • Relationship: The buyer does not belong to the promoter/promoter group/group companies of EFC (I) Limited.
  • Related Party Status: The transaction does not qualify as a Related Party Transaction under the Companies Act, 2013 or SEBI (LODR) Regulations, 2015.

Consequence of Transaction

Consequent to the completion of the transaction and transfer of shares, Sanvritti Alpha Private Limited has ceased to be a subsidiary of EFC (I) Limited.

The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.