EFC (I) Ltd — Important, 17-11-2025: Company Update

EFC (I) Limited has received the NCLT order approving its Scheme of Amalgamation with Whitehills Interior Limited. This merger by absorption will see EFC (I) issue 3.77 Cr new equity shares to Whitehills Interior shareholders at a ratio of 385 EFC (I) shares (FV Rs. 2) for every 1 Whitehills Interior share (FV Rs. 10). The move aims to leverage combined assets, achieve operational efficiencies, and realize cost savings, enhancing the overall business. Whitehills Interior Limited will be dissolved. This consolidates promoter holdings, increasing to 69.20%.