EFC (I) Ltd — Updates, 14-05-2025: Company Update

EFC (I) Limited has announced a board meeting and disclosed receiving a "No Objection Letter" from BSE Limited approving the Scheme of Arrangement between EFC (I) Limited and Whitehills Interior Limited. This approval indicates no adverse observations from the exchange, clearing a key step for the merger process. The Scheme’s final effectiveness depends on approval from the National Company Law Tribunal and other authorities. This move is significant as it supports EFC’s strategic consolidation efforts, potentially streamlining operations and enhancing shareholder value once completed.