EFC (I) Limited — JV/Acquisition, 29-07-2026: Demerger

EFC (I) Limited has decided to withdraw its proposed demerger plan for its wholly-owned subsidiary, EFC Limited, and step-down subsidiaries. This move, involving EFC Estate Marisoft 1, EFC Estate Marisoft 2, and EFC Estate Wakadewadi GF, is based on evolving legal, regulatory, and operational factors. The company aims to prioritize its overall business interests by halting the demerger process, which was intended to streamline operations. This withdrawal will be submitted to the Regional Director, Mumbai.