AI assistant
EFC (I) LIMITED — Capital/Financing Update 2025
Jul 29, 2025
62498_rns_2025-07-29_a3cdd8ec-6316-4179-a268-e5d16aab71bc.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [168 x 49] intentionally omitted <==
July 29, 2025
To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001. Scrip Code: 512008
Subject: Acquisition of Compulsory Convertible Debentures.
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that EFC Limited, a material unlisted wholly owned subsidiary of the Company, has allotted 150 fully paid-up 0.001% Compulsorily Convertible Debentures (CCDs) of face value ₹10,00,000 (Rupees Ten Lakh only) each, at par, to the EFC (I) Limited (“the Company”), against the conversion of an existing unsecured loan to EFC Limited.
The details, as required under the Regulation 30(6) read with Schedule III Part A Para A (1) of the SEBI Listing Regulations read with the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November, 2024 are attached as Annexure – A.
Kindly take the same on record.
Thanking You, For EFC (I) Limited
Aman Digitally signed by Aman Kumar Kumar Gupta Date: 2025.07.29 Gupta 18:01:04 +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
==> picture [168 x 49] intentionally omitted <==
Annexure - A
| Sr. no | Partculars | Details |
|---|---|---|
| 1. | Name of the target entty, details in brief such as size, turnover etc.; |
Name: EFC Limited Authorised Share Capital: Rs. 4,00,00,000 (Rupees Four Crores) divided into 4,50,000 Equity shares of Rs. 10 each and 3,55,000 8% Cumulatve Preference Shares of Rs. 100 each. Paid-Up Share Capital: Rs. 6,25,000 (Rupees Six Lakh Fify Thousand) divided into 62,500 Equity shares of Rs. 10 each. Turnover FY 2024-25: Rs. 3,52,71,52,787/- |
| 2. | Whether the acquisiton would fall within related party transacton(s) and whether the promoter/ promoter group/ group companies have any interest in the entty being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; |
EFC Limited is related party of the Company being wholly-owned subsidiary of the Company. None of promoter/ promoter group/ group companies have any other interest in EFC Limited apart from expressly stated above. The Conversion of existng unsecured loan into Compulsorily Convertble Debentures (CCDs) of EFC Limited will be at arm length i.e. at a face value of Rs. 10,00,000per CCD. |
| 3. | industry to which the entty being acquired belongs; |
Managed Ofce and Co-working Space. |
| 4. | objects and impact of acquisiton (including but not limited to, disclosure of reasons for acquisiton of target entty, if its business is outside the main line of business of the listed entty); |
EFC Limited is wholly owned subsidiary of the Company. This is a conversion of existng unsecured loan to CCDs. |
| 5. | brief details of any governmental or regulatory approvals required for the acquisiton; |
Not Applicable |
| 6. | indicatve tme period for completon of the acquisiton; |
The CCDs are being subscribed by the company, pursuant to conversion of existng unsecured loan given to EFC Limited. |
| 7. | consideraton - whether cash consideraton or share swap or any other form and details of the same; |
Conversion of an existng Unsecured Loan amountng to Rs. 15,00,00,000 (Rupees Fifeen Crore Only)into CCDs. |
| 8. | Cost of acquisiton and/or the price at which the shares are acquired |
Rs. 15,00,00,000/- (Rupees Fifeen Crore only). |
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
==> picture [168 x 49] intentionally omitted <==
| 150 fully paid 0.001% Compulsorily Convertble Debentures at Face Value of INR 10,00,000/- each. |
||
|---|---|---|
| 9. | percentage of shareholding / control acquired and / or number of shares acquired; |
100% of the paid-up share capital is held by EFC (I) Limited. |
| 10. | brief background about the entty acquired in terms of products/line of business acquired, date of incorporaton, history of last 3 years turnover, country in which the acquired entty has presence and any other signifcant informaton (in brief); |
Brief Background: EFC Limited is a fast- growing managed workspace company ofering workspace as a service to enterprises and startups. EFC Limited provides occupiers with fexibility, speed, security, and a world-class, contemporary workplace experience, all while enhancing asset value. EFC Limited is engaged in the business of Rental / Leasing of Ofce Spaces / Infrastructure, being highest revenue grossing vertcal of the Company. Date of Incorporaton: February 19, 2014 Last 3 Years Turnover: FY 2024-25 – Rs. 352,71,52,787 FY 2023-24 – Rs. 227,71,80,876 FY 2022-23 – Rs. 119,17,56,817 Presence and Incorporaton: 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