Key Details

Symbol (NSE): EFCIL

Corporate Action: Demerger

Record Date: Not Specified

Nature of Scheme: Demerger of asset-light managed office solutions business operated through leased commercial premises

Entities Involved:

  • Demerged Company: EFC Limited (Wholly Owned Subsidiary)
  • Resulting Company: EFC (I) Limited

Share Entitlement Ratio: Not Applicable - No new shares are being issued as the Resulting Company already holds 100% Equity Share Capital of the Demerged Company

Implied Capital Structure Impact:

  • No change in issued share capital of EFC (I) Limited
  • No change in paid-up capital of EFC (I) Limited
  • No dilution or ownership restructuring impact
  • No consideration payable

Post-Allotment Listing Plan: The business remains within the existing listed entity EFC (I) Limited

Regulatory and Approval Status:

  • NCLT approval received via Order dated September 21, 2026
  • Hon'ble National Company Law Tribunal, Mumbai Bench approval obtained
  • Application Number: CA(CAA)/160/MB/2026
  • NCLT has dispensed with requirement of convening meetings of equity shareholders, unsecured creditors and secured creditors

Effective Date: Not Specified

Financial Rationale:

Demerger of asset-light managed office solutions business operated through leased commercial premises from subsidiary to parent company

Impact on Shareholders:

  • No impact on interest or rights of shareholders
  • No change in shareholding pattern of EFC (I) Limited
  • Shareholders have 30 days from receipt of notice to raise any objections or queries

Impact on Creditors:

  • No compromise, reduction, or arrangement with creditors
  • Rights and interests of unsecured creditors remain fully protected and unaffected
  • Creditors have 30 days from receipt of notice to make representations to NCLT

Additional Information

Document Availability: Scheme and relevant documents available on company website at https://efclimited.in/investor-relation/other-information-for-shareholder/

Contact Information:

  • Mr. Aman Gupta, Company Secretary

Legal Basis: Scheme implemented under Section 230 to 232 of the Companies Act, 2013 read with Companies (Compromises, Arrangements, and Amalgamations) Rules, 2016

Disclosure Compliance: Made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Company Identification: CIN: L74110PN1984PLC216407