EFCIL2026-07-29EFCIL2026-07-292026-07-29EFCIL2026-07-292026-07-29DemergedEntityDomain1EFCIL2026-07-29DemergedEntityDomain1EFCIL2026-07-292026-07-29DemergedEntityDomain2EFCIL2026-07-29DemergedEntityDomain2iso4217:INRxbrli:purexbrli:shares512008EFC (I) LimitedEFCILNOTLISTEDINE886D01026NewDe-mergertrue2026-07-2917:30:002026-07-29Demerger of asset-light model operating through leased commercial premises to provide fully serviced premium managed office solutions to its customers (“Demerged Undertaking”), as more particularly defined in the Scheme, of EFC Limited into EFC (I) Limited.EFC LimitedDemergedMaterial Subsidiary36206000000.349262500100006250016250010000625001EFC (I) LimitedResultingListed Entity (self)103667000000829678250.5608649783370.4392001479461621829678250.5608649783370.4392001479461621OthersThe Scheme does not involve any consideration for the demerger as the Resulting Company holds 100% of the paid-up share capital of the Demerged Company.The Demerged Company primarily provides managed office solutions through two distinct verticals: Vertical 1 (the “Demerged Undertaking”): Asset light model operating through leased commercial premises to provide fully serviced premium managed office solutions. Vertical 2 (the “Remaining Undertaking”): Asset-intensive model operating through owned real estate assets to provide fully service premium managed office solutions. The Board of Directors of the EFC Limited (“Demerged Company”) has proposed to undertake the separation of its asset-light managed office solutions business operated through leased commercial premises i.e. Vertical 1 (the "Demerged Undertaking") by way of this Scheme, which contemplates the demerger of the Demerged Undertaking into EFC (I) Limited (“Resulting Company”). The Scheme is considered to be in the best interests of the Demerged Company, the Resulting Company and their respective shareholders, creditors, employees and other stakeholders for, inter alia, the following reasons: (i) the Demerger will result in the segregation of the asset-light managed office solutions business operated through leased commercial premises from the asset-intensive managed office solutions business operated through owned real estate assets, thereby enabling the Demerged Company to focus on its asset-intensive managed office solutions business; (ii) the Demerger will facilitate the creation of independent capital structures by retaining the borrowings and financing arrangements relating to asset acquisition with the Demerged Company while transferring the asset-light managed office solutions business together with its associated assets and liabilities to the Resulting Company; (iii) the Demerger will consolidate the asset-light managed office solutions business under the Resulting Company, enabling it to leverage its existing expertise and operational footprint in the asset-light managed office business and pursue future growth opportunities; (iv) the Demerger will optimise vendor and customer management processes, eliminate administrative redundancies and improve overall operational efficiencies; (v) the Demerger will enable each company to pursue its respective business objectives more effectively, while empowering the management of the Resulting Company to focus on and expand the asset-light managed office solutions business; and (vi) the Scheme is in the best interests of the Demerged Company, the Resulting Company and their shareholders, creditors, lenders, employees and other stakeholders, and is not expected to be prejudicial to the interests of any stakeholder or the public at large. Accordingly, the respective Boards of Directors of the Demerged Company and the Resulting Company have approved and adopted this Scheme of Arrangement pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. No change in the shareholding pattern of any of the Companies is envisaged, pursuant to the Scheme.falseThe Resulting Entity, EFCIL, is already listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). No further listing is sought by the Resulting Company pursuant to the Scheme.