Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for incorporation of wholly-owned subsidiaries.
EFCIL · price
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EFC (I) Limited has incorporated two new wholly-owned subsidiaries: EFC Estate Marisoft 3 Private Limited and EFC Estate Marisoft 4 Private Limited. Both subsidiaries received Certificates of Incorporation from the Ministry of Corporate Affairs on May 7, 2026. Both entities operate in the 'Real Estate as a service' industry and will hold/acquire property in Pune's Marisoft-3 building (3rd and 4th floors respectively) through demerger from EFC Limited, the material wholly-owned subsidiary. Each subsidiary was subscribed to 100 equity shares of Rs. 10 each at a total cost of Rs. 1,000, with EFC (I) Limited holding 100% shareholding in both entities.
This is a routine corporate restructuring filing that expands the company's subsidiary structure for real estate asset holding purposes. The financial impact is minimal at this stage as the subsidiaries were incorporated with a total capital of just Rs. 1,000 each. No immediate material impact on stock price expected from this administrative filing.