EFC (I) Ltd — Important, 28-10-2025: Company Update

EFC (I) Limited has converted a ₹20 crore unsecured loan to its wholly-owned subsidiary, EFC Limited, into 200 Compulsorily Convertible Debentures (CCDs), each valued at ₹10 lakh. This strategic financial move strengthens the subsidiary's capital structure by transforming existing debt into an equity-like instrument. EFC Limited, a key player in the managed office and co-working space industry, has demonstrated impressive growth, with turnover increasing from ₹119.18 crore in FY2022-23 to ₹352.72 crore in FY2024-25. This shows EFC (I)'s continued support and long-term commitment to its high-growth business segment.