Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

EFC (I) LIMITED Major Shareholding Notification 2025

Dec 2, 2025

62498_rns_2025-12-02_5b9d6c67-a077-4687-bee2-8ebc241f8f96.pdf

Major Shareholding Notification

Open in viewer

Opens in your device viewer

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 Sahay
2. Abhishek Narbaria
Persons Acting in Concert (PAC)
3. Amit Narbaria
4. Aditi Umesh Sahai
5. Ganga Sahai
6. Lakhan Lal Narbaria
7. Pushpa Sahai
8. Akalpita Surendra Bedkihal
3. Name of the stock exchange where shares
of the TC are listed


BSE Limited (“BSE”)

National Stock Exchange of India Limited
(“NSE”)
4. Details
of the
transaction
including
rationale,
if any,
for
the
transfer/
acquisition of shares.
The shares have been allotted pursuant to a
Scheme
of
Amalgamation
(Merger
by
Absorption) between Whitehills Interior Limited
(“Transferor Company”) and EFC (I) Limited
(“Transferee Company”), along with their
respective shareholders and creditors (the
“Scheme”), sanctioned by the Hon’ble National
Company Law Tribunal, Mumbai Bench, by its
Order dated 12 November 2025, which became
effective on 28 November, 2025.
In accordance with the Scheme, and without any
further application, act, or deed, the Transferee
Company has issued and allotted 3,77,29,230
(Three Crore Seventy-Seven Lakh Twenty-Nine
Thousand Two Hundred Thirty) equity shares of
INR 2 each to the Acquirers and Person Acting in
Concert.
5. Relevant
regulation
under
which
the
acquirer is exempted from making open
offer.

The acquirers are exempted from making open
offer as per Regulation 10(1)(d)(ii) of SEBI SAST
Regulations.
6. Whether disclosure of proposed acquisition
was required to be made under regulation 10
(5) and if so,
-whether disclosure was made and
whether it was made within the timeline
specified under the regulations.
-date of filingwith the stock exchange.
Not Applicable
7. Details of acquisition Details of acquisition Disclosures required
to be made under
regulation 10(5)
Disclosures required
to be made under
regulation 10(5)
Whether the disclosures
under regulation 10(5)
are actually made
Whether the disclosures
under regulation 10(5)
are actually made
a. Name of the transferor/seller Not Applicable
b. Date of acquisition
c. Number of shares/ voting rights in
respect of the acquisitions from each
person mentioned in 7(a)above
d. Total shares proposed to be acquired /
actually acquired as a % of diluted
share capital of TC
e. Price at which shares are proposed to
be acquired/actuallyacquired
8. Shareholding details Pre-Transaction as on
30thSeptember 2025
Post-Transaction
No. of shares
held
%
w.r.t
total
share
capital of
TC

No. of
shares
held
% w.r.t
total
share
capital of
TC
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:

  • (*) Shareholding of each entity shall be shown separately and then collectively in a group.

  • 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.