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EFC (I) LIMITED — Capital/Financing Update 2025
Dec 26, 2025
62498_rns_2025-12-26_1288f21b-8e8f-4d42-b9fb-28827693e447.pdf
Capital/Financing Update
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December 26, 2025
To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001. Scrip Code: 512008
To, National Stock Exchange of India Limited Exchange Plaza, 5[th] floor, Plot no. C/1, G Block, Bandra Kurla Complex, Mumbai-400051. NSE Symbol: EFCIL
Sub.: Intimation of Acquisition under Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit an intimation of acquisitions under Regulation 30(6) read with Schedule III, Part A, Paragraph A(1) of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024. The requisite disclosure in this regard is enclosed herewith as Annexure – 1 .
Kindly take the same on record.
Thanking You, For EFC (I) Limited Aman Digitally signed by Aman Kumar Kumar Gupta Date: 2025.12.26 Gupta 20:28:18 +05'30' Aman Gupta Company Secretary
EFC (I) Limited
Regd. Office: 6[th] Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: [email protected] I Website: www.efclimited.in
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Annexure-1
| Sr. No. |
Particulars | Details of Acquisition-1 | Details of Acquisition-2 |
|---|---|---|---|
| 1 | Name of the target entity, details in brief such as size, turnover etc.; |
Name: Ek Design Industries Limited (“Ek Design”) About: Ek Design is subsidiary of the Company and engaged in the business of manufacturing wood and metal based furniture products out of its factory located at Pune over 3 acres of land. |
Name: Forty Two Ventures Limited (“Forty Two”) About: Forty Two is Associate company of the Company and engaged in the business real estate as a service. |
| 2 | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; |
Yes. Ek Design is related party of the Company being subsidiary of the Company and EFC (I) Limited holds 76% Equity Shares of Ek Design before this acquisition. None of promoter/ promoter group/ group companies have any interest in Ek Design except stated above. The equity shares of Ek Design are acquired at arm length i.e. at a price of Rs. 1,800 per equity share. |
Yes. Forty Two is related party of the Company being Associate company of the Company and EFC (I) Limited holds 50% Equity Shares of Forty Two before this acquisition. None of promoter/ promoter group/ group companies have any interest in Forty Two except stated above. The equity shares of Forty Two are acquired at arm length i.e. at a price of Rs. 10 per equity share |
| 3 | industry to which the entity being acquired belongs; |
Manufacturing of furniture & fixtures. |
Real Estate as a Service. |
| 4 | objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); |
Ek Design was already subsidiary of the company. The additional acquisition increased company’s stake to 89.59%. |
Forty Two was already Associate company of the company. The additional acquisition made Forty Two as wholly-owned subsidiary. |
| 5 | brief details of any governmental or regulatory approvals required for the |
Not Applicable | Not Applicable |
EFC (I) Limited
Regd. Office: 6[th] Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: [email protected] I Website: www.efclimited.in
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| acquisition; | |||
|---|---|---|---|
| 6 | indicative time period for completion of the acquisition; |
Completed. | Completed. |
| 7 | consideration - whether cash consideration or share swap or any other form and details of the same; |
Cash | Cash |
| 8 | Cost of acquisition and/or the price at which the shares are acquired |
Rs. 1,800 per Equity Share | Rs. 10 per Equity Share |
| 9 | percentage of shareholding / control acquired and / or number of shares acquired; |
Pre-Shareholding in %: 76% % of Shares acquired: 13.59% Post-Shareholdingin %: 89.59% |
Pre-Shareholding in %: 50% % of Shares acquired: 50% Post-Shareholdingin %: 100% |
| 10 | brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); |
Brief Background: Ek Design is subsidiary of the Company and engaged in the business of manufacturing wood and metal based furniture products out of its factory located at Pune over 3 acres of land. Line of Business: Manufacturing of furniture & fixtures Date of Incorporation – 18 February, 2024 Country in which the acquired entityhaspresence: India |
Brief Background: Forty Two is Associate company of the Company and engaged in the business real estate as a service. Line of Business: Real Estate as a Service. Date of Incorporation – 4 March, 2025 Country in which the acquired entity has presence: India |
EFC (I) Limited
Regd. Office: 6[th] Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: [email protected] I Website: www.efclimited.in