Intimation for Scheme of arrangement (Demerger) is attached.

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.: Intimation of Scheme of Arrangement (Demerger). Dear Sir/ Ma’am, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform that the Board of Directors of the Company at its meeting held on July 29, 2026, and based on the recommendations of the Audit Committee have inter-alia, considered and approved the 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-I. 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 Annexure-I Disclosures 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. Particulars Details 1. Brief details of the Demerger of asset-light model operating through leased division(s) to be commercial premises to provide fully serviced premium managed demerged office solutions to its customers (“Demerged Undertaking”), as more particularly defined in the Scheme, of EFC Limited into EFC (I) Limited. 2. Turnover of the Turnover of the Demerged Undertaking as on March 31, 2026 – INR demerged division and 362,06,65,512.32 as percentage to the total turnover of the Percentage to the total turnover of the EFC (I) Limited (listed entity) listed entity in the as on March 31, 2026 on consolidated basis – 34.92% immediately preceding financial year / based on financials of the last financial year 3. Rationale for Demerger The Demerged Company primarily provides managed office solutions through two distinct verticals:  Vertical 1 (the “Demerged Undertaking”): Asset light model operating through leased commercial premises to provide fully serviced premium managed office solutions.  Vertical 2 (the “Remaining Undertaking”): Asset- intensive model operating through owned real estate assets to provide fully service premium managed office solutions. The Board of Directors of the EFC Limited (“Demerged Company”) has proposed to undertake the separation of its asset-light managed office solutions business operated through leased commercial premises i.e. Vertical 1 (the "Demerged Undertaking") by way of this Scheme, which contemplates the demerger of the Demerged Undertaking into EFC (I) Limited (“Resulting Company”). The Scheme is considered to be in the best interests of the Demerged Company, the Resulting Company and their respective shareholders, creditors, employees and other stakeholders for, inter alia, the following reasons: (i) the Demerger will result in the segregation of the asset-light managed office solutions business operated through leased commercial premises from the asset-intensive managed office solutions business operated through owned real estate 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 assets, thereby enabling the Demerged Company to focus on its asset-intensive managed office solutions business; (ii) the Demerger will facilitate the creation of independent capital structures by retaining the borrowings and financing arrangements relating to asset acquisition with the Demerged Company while transferring the asset-light managed office solutions business together with its associated assets and liabilities to the Resulting Company; (iii) the Demerger will consolidate the asset-light managed office solutions business under the Resulting Company, enabling it to leverage its existing expertise and operational footprint in the asset-light managed office business and pursue future growth opportunities; (iv) the Demerger will optimise vendor and customer management processes, eliminate administrative redundancies and improve overall operational efficiencies; (v) the Demerger will enable each company to pursue its respective business objectives more effectively, while empowering the management of the Resulting Company to focus on and expand the asset-light managed office solutions business; and (vi) the Scheme is in the best interests of the Demerged Company, the Resulting Company and their shareholders, creditors, lenders, employees and other stakeholders, and is not expected to be prejudicial to the interests of any stakeholder or the public at large. Accordingly, the respective Boards of Directors of the Demerged Company and the Resulting Company have approved and adopted this Scheme of Arrangement pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. 4. Brief details of change No change in the shareholding pattern of any of the Companies is in shareholding pattern envisaged, pursuant to the Scheme. (if any) of all entities 5. In case of cash The Scheme does not involve any consideration for the demerger as consideration – the Resulting Company holds 100% of the paid-up share capital of amount or otherwise the Demerged Company. share exchange ratio 6 Whether listing would The Resulting Entity, EFCIL, is already listed on BSE Limited (“BSE”) be sought for the and National Stock Exchange of India Limited (“NSE”). No further resulting entity listing is sought by the Resulting Company pursuant to the Scheme. 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