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Latest news about EFC

EFC (I) Limited to Merge with Whitehills Interior Limited, Shareholders to Vote on September 15 3 days ago

EFC Limited plans to merge with its subsidiary Whitehills Interior Limited, aiming to create operational synergies and enhance shareholder value. EFC will issue 3,77,30,000 new equity shares to Whitehills shareholders. The merger is expected to increase promoter shareholding from 45.46% to 60.45%. Whitehills has shown significant financial growth, with revenue increasing by 6000% and PAT by 6850% from FY 2023 to FY 2025. The combined entity aims to offer end-to-end workspace solutions, improving cost efficiencies and execution timelines. The merger is subject to shareholder, creditor, and regulatory approvals, with a shareholder meeting scheduled for September 15, 2025.

NCLT Directs EFC to Hold Shareholder Meeting for Merger with Whitehills Interior 6 days ago

EFC India Reports 115% Revenue Surge to ₹220 Crores in Q1, Net Profit Soars 196% Jul 30, 2025

EFC (I) Limited Converts ₹15 Crore Loan into Debentures in Subsidiary EFC Limited Jul 29, 2025

EFC Reports Strong Q1 FY26 Performance with 115% Revenue Growth Jul 24, 2025

More news about EFC

24Jul 25

EFC (I) Limited Reports Strong Q1 FY26 Results with 115% Revenue Growth

EFC (I) Limited has reported impressive Q1 FY26 results, with revenue increasing by 115% to ₹2,196.00 million. EBITDA grew by 120% to ₹1,023.00 million, while net profit surged 196% to ₹467.00 million. The company's performance was driven by growth across its rental, design & build, and furniture segments. Operational highlights include reaching 63,389 seats capacity, securing new contracts worth ₹1,000.00 million in fit-out projects, and expanding internationally with a project in Saudi Arabia.

27Jun 25

EFC Secures ₹57 Crore Interior and Fit-Out Contract

EFC, an interior design and furnishing company, has been awarded a significant contract worth ₹57.00 crore in the interior and fit-out sector. This substantial project is expected to boost EFC's order book and potentially impact its revenue positively in upcoming quarters. The contract underscores EFC's capability to secure high-value projects in the competitive interior and fit-out industry.

16Jun 25

EFC (I) Approves Application for NSE Listing, Eyeing Expanded Market Presence

EFC (I) Limited's board has approved a proposal to apply for listing the company's equity shares on the National Stock Exchange (NSE). This strategic move aims to broaden market presence, increase visibility among investors, and potentially enhance share liquidity. The decision aligns with growth strategies to improve market accessibility, though the actual listing remains subject to regulatory approvals and market conditions.

13Jun 25

EFC (I) Board Approves Proposal for NSE Listing, Eyeing Expanded Market Presence

EFC (I)'s Board of Directors has approved a proposal to list the company's equity shares on the National Stock Exchange (NSE) of India. This strategic move aims to broaden the company's market reach and enhance its visibility in the Indian stock market. The NSE listing could potentially provide EFC (I) with increased visibility, improved share liquidity, and easier access to capital for future growth initiatives. The company will now proceed with the formal application process for NSE listing, subject to regulatory approvals.

05Jun 25

EFC (I) Expands into Managed Office Space with BigBox Serviced Office LLP Acquisition

EFC (I), listed under ISIN INE886D01026, has acquired a 99.99% ownership stake in BigBox Serviced Office LLP. This strategic move marks EFC (I)'s expansion into the managed office and co-working space sector, positioning the company to capitalize on the growing demand for flexible workspace solutions. The acquisition aligns with current market trends favoring adaptable office environments, especially in the post-pandemic era.

02Jun 25

EFC Expands Passport Seva Kendra Portfolio with Two New Projects in Hyderabad

Electronic Financial and Commercial Services Limited (EFC) has been awarded two additional Passport Seva Kendra (PSK) projects in Hyderabad, expanding its presence in the passport services sector. These projects are part of a rate contract agreement and follow EFC's previous PSK project in Ahmedabad. The expansion is expected to enhance passport application and processing services in Hyderabad and potentially contribute to EFC's revenue growth, market presence, and operational expertise in the e-governance sector.

30May 25

EFC Reports Robust Q4 Performance with Doubled Revenue and EBITDA

EFC announced impressive Q4 financial results, with revenue soaring 125% to ₹2.10 billion. EBITDA more than doubled to ₹1.10 billion, while net profit increased by 10% to ₹308.00 million. Despite overall growth, the EBITDA margin slightly decreased to 52.00% from 56.13% in the previous year.

24Apr 25

EFC Limited Secures Landmark ₹183.00 Crore Interior Turnkey Fit Out Contract

EFC Limited, a subsidiary of EFC (I) Limited, has won a ₹183 crore interior turnkey fit out contract from a leading Indian multinational corporation. The contract involves comprehensive interior work, showcasing EFC's capabilities in handling complex infrastructure projects. Managing Director Umesh Sahay expressed enthusiasm about the contract, emphasizing the company's commitment to excellence. This win is expected to positively impact EFC (I) Limited's financial performance and reinforces the company's position in the interior design and build sector.