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EFC (I) LIMITED — Major Shareholding Notification 2025
Dec 2, 2025
62498_rns_2025-12-02_623a0f07-3f54-4b23-afcb-5ac9b3b7b164.pdf
Major Shareholding Notification
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December 2, 2025
To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] floor, Plot no. C/1, Dalal Street, Mumbai-400001. G Block, Bandra Kurla Complex, Mumbai-400051.
Sub: Disclosure under Regulation 10(6) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”).
Dear Sir/Ma’am,
Pursuant to Regulation 10(6) of the SEBI SAST Regulations, I, Umesh Kumar Sahay, together with Mr. Abhishek Narbaria and Persons Acting in Concert (PACs), hereby submit the disclosure Under Regulation 10(1)(d)(ii) of SEBI SAST Regulations in respect of the exempt acquisition of shares arising pursuant to the Scheme of Amalgamation between Whitehills Interior Limited (Transferor Company) and EFC (I) Limited (Transferee Company) along with their respective shareholders and creditors (the “Scheme”).
The Scheme was sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench, vide Order dated November 12, 2025, and became effective on November 28, 2025.
Accordingly, the disclosure under Regulation 10(6) is enclosed herewith for your records.
You are requested to kindly take the same on record.
Thanking You,
UMESH Digitally signed by UMESH KUMAR KUMAR SAHAY Date: 2025.12.02 SAHAY 11:22:07 +05'30'
Umesh Kumar Sahay
Encl.: As Above.
Disclosures under Regulation 10(6) of Securities Exchange Board of India (Substantial Acquisition of “ ” – Shares and Takeovers) Regulations, 2011 ( SEBI SAST Regulations ) Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI SAST Regulations.
| 1. | Name of the Target Company (TC) | EFC(I)Limited |
|---|---|---|
| 2. | Name of the acquirer(s) | 1. Umesh Kumar Sahay2. Abhishek NarbariaPersons Acting in Concert (PAC)3. Amit Narbaria4. Aditi Umesh Sahai5. Ganga Sahai6. Lakhan Lal Narbaria7. Pushpa Sahai8. Akalpita Surendra Bedkihal |
| 3. | Name of the stock exchange where sharesof the TC are listed | BSE Limited (“BSE”)National Stock Exchange of India Limited(“NSE”) |
| 4. | Detailsof thetransactionincludingrationale,if any,forthetransfer/acquisition of shares. | The shares have been allotted pursuant to aSchemeofAmalgamation(MergerbyAbsorption) between Whitehills Interior Limited(“Transferor Company”) and EFC (I) Limited(“Transferee Company”), along with theirrespective shareholders and creditors (the“Scheme”), sanctioned by the Hon’ble NationalCompany Law Tribunal, Mumbai Bench, by itsOrder dated 12 November 2025, which becameeffective on 28 November, 2025.In accordance with the Scheme, and without anyfurther application, act, or deed, the TransfereeCompany has issued and allotted 3,77,29,230(Three Crore Seventy-Seven Lakh Twenty-NineThousand Two Hundred Thirty) equity shares ofINR 2 each to the Acquirers and Person Acting inConcert. |
| 5. | Relevantregulationunderwhichtheacquirer is exempted from making openoffer. | The acquirers are exempted from making openoffer as per Regulation 10(1)(d)(ii) of SEBI SASTRegulations. |
| 6. | Whether disclosure of proposed acquisitionwas required to be made under regulation 10(5) and if so,-whether disclosure was made andwhether it was made within the timelinespecified under the regulations.-date of filingwith the stock exchange. | Not Applicable |
| 7. | Details of acquisition | Details of acquisition | Disclosures requiredto be made underregulation 10(5) | Disclosures requiredto be made underregulation 10(5) | Whether the disclosuresunder regulation 10(5)are actually made | Whether the disclosuresunder regulation 10(5)are actually made |
|---|---|---|---|---|---|---|
| a. | Name of the transferor/seller | Not Applicable | ||||
| b. | Date of acquisition | |||||
| c. | Number of shares/ voting rights inrespect of the acquisitions from eachperson mentioned in 7(a)above | |||||
| d. | Total shares proposed to be acquired /actually acquired as a % of dilutedshare capital of TC | |||||
| e. | Price at which shares are proposed tobe acquired/actuallyacquired | |||||
| 8. | Shareholding details | Pre-Transaction as on30thSeptember 2025 | Post-Transaction | |||
| No. of sharesheld | %w.r.ttotalsharecapital ofTC | No. ofsharesheld | % w.r.ttotalsharecapital ofTC | |||
| a | Each Acquirer/Transferee(*) | |||||
| Umesh Kumar Sahay | 2,31,53,250 | 23.26 | 5,31,83,250 | 38.74 | ||
| Abhishek Narbaria | 2,04,81,345 | 20.57 | 2,81,78,265 | 20.53 | ||
| Amit Narbaria | 800 | 0.00 | 1,570 | 0.00 | ||
| Aditi Umesh Sahai | 16,00,800 | 1.61 | 16,01,570 | 1.17 | ||
| Ganga Sahai | 800 | 0.00 | 800 | 0.00 | ||
| Lakhan Lal Narbaria | 800 | 0.00 | 800 | 0.00 | ||
| Pushpa Sahai | 800 | 0.00 | 800 | 0.00 | ||
| Akalpita Surendra Bedkihal | 0 | 0.00 | 770 | 0.00 | ||
| Total | 4,52,38,595 | 45.44 | 8,29,67,825 | 60.44 | ||
| b | Each Seller/Transferor | Not Applicable |
UMESH Digitally signed by KUMAR UMESH KUMAR SAHAY Date: 2025.12.02 SAHAY 11:23:59 +05'30' ___________________________ Signature
Name: Umesh Kumar Sahay
Note:
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(*) Shareholding of each entity shall be shown separately and then collectively in a group.
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The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.