EFC (I) Ltd — Others, 14-08-2025: AGM/EGM

EFC (I) Limited has announced a shareholders meeting to approve the merger by absorption of its subsidiary, Whitehills Interior Limited (WIL). This strategic move aims to integrate WIL’s design and build expertise, promising enhanced cost efficiencies and new revenue streams. WIL has shown remarkable growth, with Profit After Tax soaring from ₹0.86 Cr in FY23 to ₹59.77 Cr in FY25, and revenue from ₹4.18 Cr to ₹254.79 Cr over the same period. The merger will fully consolidate these strong financials into EFC. While new shares will adjust promoter shareholding, EFC's post-merger EPS is projected to increase from ₹1.85 to ₹5.69, creating substantial value for all stakeholders.