EFC (I) Limited has converted an existing unsecured loan of ₹15.00 crores into Compulsory Convertible Debentures (CCDs) in its wholly owned subsidiary EFC Limited. The transaction, announced on January 22, 2026, involves the allotment of 150 fully paid-up CCDs with a face value of ₹10.00 lakh each.

Transaction Structure

The conversion represents a restructuring of existing financial arrangements between the parent company and its subsidiary. The CCDs carry an interest rate of 0.001% and have been issued at par value against the conversion of the unsecured loan.

Subsidiary Profile

EFC Limited operates as a managed workspace company, providing workspace-as-a-service to enterprises and startups. The subsidiary focuses on offering flexibility, speed, security, and contemporary workplace experiences while enhancing asset value for occupiers.

Financial Performance

EFC Limited has demonstrated consistent revenue growth over the past three years, establishing itself as the highest revenue-generating vertical of the parent company.

Capital Structure

The subsidiary maintains a focused capital structure with authorized share capital of ₹4.00 crores, divided into equity shares and cumulative preference shares.

Regulatory Compliance

The transaction has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the conversion is conducted at arm's length, with EFC Limited being a related party as a wholly owned subsidiary. No additional governmental or regulatory approvals are required for this internal restructuring.

The managed office and co-working space sector continues to represent a core business vertical for the parent company, with this transaction reinforcing the financial structure supporting the subsidiary's operations and growth trajectory.

EFC (I) Limited has announced the completion of strategic acquisitions in two entities, strengthening its portfolio through increased shareholdings in subsidiary and associate companies. The company disclosed these transactions in a regulatory filing dated December 26, 2025, submitted to both BSE and NSE under SEBI Listing Regulations.

Acquisition Details

The acquisitions involved two separate transactions, both completed through cash considerations at arm's length pricing:

Target Companies Profile

Ek Design Industries Limited operates as a subsidiary of EFC (I) Limited, specializing in manufacturing wood and metal-based furniture products. The company operates from a factory located in Pune spanning 3 acres of land and was incorporated on February 18, 2024. The acquisition has increased EFC's control over this furniture and fixtures manufacturing entity.

Forty Two Ventures Limited previously functioned as an associate company engaged in real estate as a service business. Incorporated on March 4, 2025, this entity has now become a wholly-owned subsidiary following the complete acquisition of the remaining stake. Both entities maintain their operational presence in India.

Regulatory Compliance

The acquisitions were conducted in accordance with Regulation 30(6) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Both transactions qualify as related party transactions, with EFC (I) Limited confirming that no promoter, promoter group, or group companies have any additional interest in either acquired entity beyond the disclosed shareholdings.

Strategic Impact

The acquisitions represent EFC (I) Limited's strategy to consolidate control over its existing investments. The increased stake in Ek Design Industries strengthens the company's position in the furniture manufacturing segment, while the complete acquisition of Forty Two Ventures provides full control over its real estate services operations. Both transactions required no governmental or regulatory approvals and were completed as planned.