EFC (I) Limited incorporated a wholly-owned subsidiary, EFC Estate Wakadewadi 1 Private Limited, on May 6, 2026.
The subsidiary will hold/acquire a commercial property in Pune's Godrej Eternia complex, demerged from EFC Limited.
EFC India subscribed to 100 equity shares for ₹1,000, resulting in 100% ownership of the new real estate entity.
This intimation is a mandatory SEBI LODR Regulation 30 disclosure for material subsidiary incorporation.