EFC (I) Limited announces effective date of amalgamation

EFC (I) Limited's board of directors, in a meeting held on November 28, 2025, approved the issue and allotment of 37,730,000 fully paid-up equity shares of Rs. 2 each. These shares are designated for the eligible shareholders of Whitehills Interior Limited, in accordance with the Scheme of Amalgamation sanctioned by the National Company Law Tribunal, Mumbai Bench, via an order dated November 12, 2025. The newly allotted equity shares will rank pari passu with the company's existing equity shares.

The Scheme of Amalgamation officially became effective on November 28, 2025, following the fulfillment of all stipulated conditions. The board meeting commenced at 5:00 P.M. (IST) and concluded at 05:30 P.M. (IST) on the same day.