EFC (I) Ltd — Important, 22-01-2026: Company Update

EFC (I) Limited has converted an existing unsecured loan of ₹15 crore to its wholly-owned subsidiary, EFC Limited, into 150 Compulsorily Convertible Debentures (CCDs). This strategic move strengthens the parent company's direct financial stake in its fast-growing managed office and co-working space subsidiary. EFC Limited, a provider of flexible workspace solutions, reported a significant turnover of over ₹352.71 crore for FY 2024-25. This conversion streamlines the financial arrangement, transforming the loan into an instrument set to convert into equity, aligning with EFC (I)'s investment in this key business vertical.