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EFC Limited
2 articles
EFC Group Withdraws Proposed Subsidiary Demerger Scheme
EFC Limited and three step-down subsidiaries withdraw proposed demerger scheme citing legal, regulatory, and operational considerations.
The withdrawal decision was approved in respective company meet
EFCIL Q1 Net Profit Drops 51% YoY, Approves Demerger
EFCIL Q1 standalone net profit fell 51% YoY to ₹12.28 crore, with revenue up 4.6% to ₹98.57 crore.
Board approved demerger of EFC Limited's asset-light business into EFCIL and alteration of MOA to exp