EFC (I) Ltd
🏢 EFC (I) Ltd sells subsidiary for ₹39 Crores in Sale & Lease-Back deal
- Sale value: INR 39 Crores
- Transaction: Assets Sale and Lease Back basis
- EFC continues to operate as Managed/Coworking spaces
- Sanvritti Alpha ceases to be a subsidiary
- Buyer: Sanvritti Global Private Limited (non-promoter group)
- Asset: Two floors in Konark Alpha Building, Pune
- Asset acquired in 2025, leased to premium customers
- Turnover contributed: Rs. 221.35 Lakhs (0.21% of consolidated)
- Net worth: Rs. (506.56) Lakhs (0.62% of consolidated)
- Agreement and completion date: September 4, 2026