EFC (I) Limited has informed the Exchange about incorporation of wholly-owned subsidiary company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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EFC (I) Limited has incorporated a new wholly-owned subsidiary named 'EFC Estate Wakadewadi 2 Private Limited'. The subsidiary received its Certificate of Incorporation from MCA on April 29, 2026. The new entity will hold commercial property located at Godrej Eternia complex in Pune, acquired through a demerger from EFC Limited (another material wholly-owned subsidiary of EFC (I) Limited). The subsidiary operates in the real estate as a service sector. EFC (I) Limited holds 100% stake through 100 equity shares of Rs. 10 each, subscribed at Rs. 1,000.
This is a structural/administrative filing creating a new subsidiary to hold specific property assets. The arrangement allows segregation of real estate holdings but does not directly impact shareholders or trigger any immediate valuation changes.