BSECompany Update13 Aug 2026 · 13 Aug 2026, 12:36 pm
EFC (I) Limited to Acquire 100 percent Stake in Ultrafresh Modular Solutions Limited.
EFC (I) Ltd · 512008
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EFC (I) Ltd has announced the acquisition of 100% stake in Ultrafresh Modular Solutions Limited, a 51% subsidiary of TTK Prestige Limited, to strengthen its furniture manufacturing and Design & Build businesses.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
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Liquidity Impact7/10
Market Sentiment8/10
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Full Announcement
EFC (I) Ltd - 512008 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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August 13, 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.: Press release: EFC (I) Limited to Acquire 100% Stake in Ultrafresh Modular Solutions Limited.
Dear Sir/ Ma’am,
In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we are pleased to submit
herewith a Press Release regarding the proposed acquisition of 100% equity shareholding in
Ultrafresh Modular Solutions Limited (“Ultrafresh”) pursuant to the Share Acquisition Agreement
entered into in this regard, subject to the fulfilment of the conditions precedent and other terms and
conditions stipulated under the Agreement.
The press release provides comprehensive details on the matter.
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
EFC (I) Limited to Acquire
100% Stake in Ultrafresh Modular Solutions Limited
EFC strengthens its Furniture and Design & Built vertical with a
strategic acquisition
Pune, August 13, 2026: EFC (I) Limited (“EFC” or the “Company”), a Real-estate-as-a-Service (REaaS)
Company operating across managed office spaces, Design & Build (D&B) Turnkey Solution and
furniture manufacturing, is pleased to announce that it has entered into a Share Acquisition
Agreement to acquire 100% stake in Ultrafresh Modular Solutions Limited (“Ultrafresh”), subject to
fulfilment of the conditions precedent under the agreement.
The acquisition marks a strategic and inorganic expansion for EFC’s furniture manufacturing and D&B
businesses, strengthening EFC’s manufacturing capabilities with Ultrafresh’s established production
facility for modular furniture solutions in North India.
Ultrafresh: An Established Modular Furniture Solutions Brand
Ultrafresh Modular Solutions Limited (“Ultrafresh”), a 51% subsidiary of TTK Prestige Limited, is an
established player in India’s modular solutions segment, with a 25-year industry presence. The
Company offers modular kitchens, wardrobes and other customised modular furniture solutions
through an integrated model spanning design, manufacturing, supply and installation, with a strong
focus on quality, functionality, customisation and contemporary design.
Ultrafresh owns fully operational manufacturing facility at Nalagarh, Himachal Pradesh, and a
dedicated design and execution team. Its factory-manufactured and professionally installed modular
solutions positions Ultrafresh to address the growing demand for modular furniture solutions in India.
Strategic Fit with EFC
The proposed acquisition is a natural extension of EFC’s existing furniture manufacturing and Design
& Build businesses. Ultrafresh’s modular kitchens, wardrobes and customised interior solutions are
complementary to EFC’s existing product and service offerings.
The acquisition will combine EFC’s manufacturing, supply-chain and Design & Build capabilities with
Ultrafresh’s dedicated design and execution team, and manufacturing facility at Nalagarh, Himachal
Pradesh.
Ultrafresh’s manufacturing presence in North India will also provide EFC with a strategic regional
footprint and strengthen its manufacturing and distribution capabilities.
The combination is expected to create synergies across design, manufacturing, supply, installation and
customer reach, while expanding EFC’s product portfolio and strengthening its presence in the
organised modular solutions market.
Commenting on the proposed acquisition, Mr. Umesh Sahay, Charman & Managing Director, EFC (I)
Limited, said:
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 acquisition of Ultrafresh marks an important step in the expansion of EFC’s existing
Real Estate as a Service platform. It strengthens our established furniture manufacturing
and Design & Build businesses while adding a strong modular solutions platform to our
portfolio. Ultrafresh’s design capabilities and manufacturing presence in North India
complement EFC’s existing capabilities and provide a strong foundation to expand our
furniture and interior solutions business across markets.”
About EFC (I) Limited
Founded in 2014 by first-generation entrepreneur Mr. Umesh Sahay, EFC (I) Limited is a listed Real
Estate as a Service (REaaS) company, headquartered in Pune and listed on the NSE and BSE. EFC
operates across Managed Office Spaces, Design & Build and Furniture Manufacturing.
The Company operates 150 centres with 84,000+ seats across 25 cities and serves 780+ reputed Indian
and global corporates. Its Design & Build vertical offers end-to-end interior solutions, supported by
85+ designers and engineers, 52+ reputed clients and 5.91 million sq. ft. of designed space till date. Its
furniture vertical operates through a state-of-the-art, three-acre furniture manufacturing facility in
Pune.
For more information, please contact:
Mr. Aman Gupta, Compliance Officer at compliance@efclimited.in
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