BSECompany Update4d ago · 29 Jul 2026, 07:37 pm
Intimation on update of scheme of arrangement for Demerger of material wholly owned subsidiary into and with step down subsidiaries is attached.
EFC (I) Ltd · 512008
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EFC (I) Ltd has announced the withdrawal of its proposed Scheme of Arrangement for Demerger of a material wholly owned subsidiary into and with step down subsidiaries, citing prevailing legal and regulatory framework, operational requirements, and overall business considerations.
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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EFC (I) Ltd - 512008 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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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.: Update on Scheme of Arrangement for Demerger of Material Wholly owned Subsidiary into
and with Step down subsidiaries.
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”) and in reference to our disclosure dated
December 24, 2024, we hereby inform that the 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), in their respective meetings held today, July 29, 2026, have approved the withdrawal
of the proposed Scheme of Arrangement of Demerger, considering the prevailing legal and regulatory
framework, operational requirements and overall business considerations and in the best interests of
the Companies to withdraw the aforesaid Scheme proposed to be implemented through the Fast Track
Merger route under Section 233 of the Companies Act, 2013.
An application to withdraw the Scheme will be filed with Hon’ble Regional Director, Mumbai.
Kindly take the same on records.
Yours faithfully,
For EFC (I) Limited
Aman Gupta
Company Secretary
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