Outcome of Board Meeting

July 29, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Plot no. C/1, Dalal Street, Mumbai - 400001. G Block, Bandra Kurla Complex, Mumbai – 400051. Scrip Code: 512008 NSE Symbol: EFCIL Sub.: Outcome of Board Meeting. Dear Sir/ Ma’am, Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform that the Board of Directors of the Company at its meeting held on Wednesday, July 29, 2026, have inter-alia, considered and approved the: 1. Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report issued thereon. A copy of Unaudited (Standalone and Consolidated) Financial Results along with the Limited Review Report are enclosed as Annexure - I. 2. Alteration of the Object Clause of the Memorandum of Association of the Company by way of addition of new Object Clauses, subject to the approval of the members of the Company and such other regulatory approvals as may be required. The disclosures pertaining to the proposed amendments to the Object Clause of the Memorandum of Association, in accordance with Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure – II. 3. Scheme of Arrangement (Demerger) between EFC Limited (Wholly Owned Subsidiary) (“Demerged Company” or “EFC”) and EFC (I) Limited (“Resulting Company” or “EFCIL” or “Company”) and their respective shareholders and creditors (“Scheme”). The Scheme shall be subject to requisite statutory and regulatory approvals, including approval of the Hon’ble National Company Law Tribunal, Mumbai and such other approvals, permissions and sanctions of regulatory and other authorities as may be necessary. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as an Annexure-III. The Board has also taken note of withdrawal of the Scheme of Arrangement of Demerger between EFC Limited (a material wholly owned subsidiary of EFC (I) Limited), EFC Estate Marisoft 1 Private Limited (formerly known as EFC Estate Marisoft 14 Private Limited), EFC Estate Marisoft 2 Private Limited (formerly known as EFC Estate Marisoft 23 Private Limited), and EFC Estate Wakadewadi GF Private Limited (formerly known as EFC Estate Wakadewadi Private Limited) approved in respective meetings of the companies involved in the scheme held today, 29 July, 2026, considering the prevailing legal and regulatory framework, operational requirements and overall business considerations and in the best interests of the Companies. EFC (I) Limited Regd. Office: 6th 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: compliance@efclimited.in I Website: www.efclimited.in The meeting of Board of Directors commenced at 4:30 P.M. (IST) and concluded at 5:30 P.M (IST). Kindly take the same on records. Yours faithfully, For EFC (I) Limited Aman Gupta Company Secretary Encl.: As above EFC (I) Limited Regd. Office: 6th 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: compliance@efclimited.in I Website: www.efclimited.in HRA GOEL [i y Since 1963 < mg@mehragoelco.com# www.mehragoelco.com ilME Chartered CO. LLP Accountants LLPIN: ACX-4916 ICAI Firm Regn. No:000517N/N500502 Independ lent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of EFC (I) Limited (“the Company”) pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Review report to, The Board of Directors EFC (1) Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of EFC (I) Limited (‘the Company’) for the quarter ended June 30, 2026, together with notes thereon (the “Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations’) which has been initialled by us for identification purposes. This statement, which is the responsibility of the Company’s management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim financial reporting” (“Ind As 34”), prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) as amended, read with relevant rules made thereunder and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of making inquiries, primarily of person responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143 (10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. We have not performed an audit and accordingly, we do not express an audit opinion. New Delhi: Gurgaon: Mumbai: Pune: Chandigarh: Dubai: 309, Chiranjv Tower, 105, Global Business Square, | 305-306, 3rd Floor, Commercial Premises No. 5 | SCO-705, 206 Swiss Tower, 43, Nehru Place, Building No. 32, Sector44, | Garnet Palladium, Chaphalkar House, 15t Floor, NAC Manimaja | Cluster -Y, New Delhi - 110019 Institutional Area, Off Wester Exp Highway, MarketYard, Chandigarh-160101. | Jumeirah Lake NCT of Delhi Gurugram 122003, Goregaon (East), Next to Hotel Utsav Deluxe | Ph:+91-172-507 7789 | Towers (ILT), Dubai, Ph +91.11.40054070 | Ph: +91.124.4786200 Mumbai — 400063 Maharshi Nagar, Pune (UAE)-128194 411037, Meharashtrz, India 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, “Interim Financial Reporting” prescribed under section 133 of the Companies Act, 2013 as amended read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed or that it contains any material misstatement. 5. We draw your attention to note 6 of the notes accompanying statement in respect of scheme of merger between EFC (1) limited and Whitehills Interior Limited. The comparative financial information for the quarter ended June 30, 2025, have been restated in the accompanying standalone financial results to give effect to the scheme of merger from the appointment date, in accordance with IND AS 103, Business Combinations. Our conclusion is not modified in respect of this matter. Other Matter 6. The comparative financial information of the Company for the previous period includes the financial information of Whitehills Interior Limited pursu [Showing first 8,000 characters — download PDF for full document]