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EFC (I) Limited's board, after reviewing inputs from its Audit Committee, has approved a Scheme of Arrangement to demerge its wholly-owned subsidiary EFC Limited's asset-light managed office solutions business into EFC (I) Limited. This demerged undertaking generated a turnover of INR 362.07 Cr, representing 34.92% of EFC (I) Limited's total turnover. The move aims to separate the asset-light operations from asset-intensive real estate for focused growth, enabling independent capital structures and enhancing operational efficiencies. The company expects no change in shareholding or further listing requirements, subject to necessary approvals.