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  3. EFC (I) Limited Incorporates Two Wholly-Owned Subsidiaries for Pune Real Estate Holdings
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India IPO
  • 07 May 2026
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 EFC (I) Limited Incorporates Two Wholly-Owned Subsidiaries for Pune Real Estate Holdings

EFC (I) Limited incorporated two wholly-owned subsidiaries, EFC Estate Marisoft 3 Private Limited and EFC Estate Marisoft 4 Private Limited, on May 7, 2026, with Certificates of Incorporation issued by the Ministry of Corporate Affairs on the same date. Both entities operate in the real estate as a service sector and are designed to hold specific floor-level properties at Marisoft-3, Kalyani Nagar, Pune, through a demerger from EFC Limited. Each subsidiary was subscribed at Rs. 1,000, divided into 100 equity shares of Rs. 10 each, with EFC (I) Limited retaining 100% shareholding in both. No regulatory approvals were required for the incorporations.

EFC (I) Limited Incorporates Two Wholly-Owned Subsidiaries for Pune Real Estate Holdings

EFC (I) Limited has incorporated two new wholly-owned subsidiaries — EFC Estate Marisoft 3 Private Limited and EFC Estate Marisoft 4 Private Limited — with effect from May 7, 2026. The Certificates of Incorporation for both entities were received from the Ministry of Corporate Affairs on the same date. The development was disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Incorporation Details

Both subsidiaries have been incorporated in India and belong to the real estate as a service industry. The key incorporation details for each entity are presented below:

Parameter: EFC Estate Marisoft 3 Private Limited EFC Estate Marisoft 4 Private Limited Date of Incorporation: May 7, 2026 May 7, 2026 Country of Incorporation: India India Holding Company: EFC (I) Limited EFC (I) Limited Industry: Real Estate as a service Real Estate as a service Nature of Consideration: Cash Cash Cost of Subscription: Rs. 1,000 (100 equity shares of Rs. 10 each) Rs. 1,000 (100 equity shares of Rs. 10 each) Shareholding by Listed Entity: 100% (100 equity shares of Rs. 10 each) 100% (100 equity shares of Rs. 10 each)

Purpose and Property Holdings

Each subsidiary has been incorporated with a distinct property mandate within the Marisoft-3 complex in Pune. EFC Estate Marisoft 3 Private Limited is intended to hold or acquire the property situated at the 3rd Floor, West Tower, Marisoft-3, Marie Gold, S. No. 15, Near D Mart, Cybage Tower Road, Kalyani Nagar, Wadgaon Sheri, Taluka-Haveli, District-Pune-411014, within the limits of Pune Municipal Corporation.

EFC Estate Marisoft 4 Private Limited, on the other hand, is intended to hold or acquire the property situated at the 4th Floor, West Tower, Marisoft-3, Marie Gold, S. No. 15, Near D Mart, Cybage Tower Road, Kalyani Nagar, Wadgaon Sheri, Taluka-Haveli, District-Pune-411014, within the limits of Pune Municipal Corporation. Both property acquisitions are to be effected through a demerger from EFC Limited, a material wholly-owned subsidiary of EFC (I) Limited.

Regulatory and Structural Context

No governmental or regulatory approvals were required for the incorporation of either subsidiary. The disclosure was made in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, as well as SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The intimation was signed by Aman Gupta, Company Secretary of EFC (I) Limited.

efc has informed the stock exchanges regarding the incorporation of a wholly-owned subsidiary named EFC Estate Wakadewadi 3 Private Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received the Certificate of Incorporation from the Ministry of Corporate Affairs on May 6, 2026.

Details of the New Subsidiary

The newly incorporated entity, EFC Estate Wakadewadi 3 Private Limited, is based in India and falls under the real estate as a service industry. The primary business of the subsidiary involves holding or acquiring property situated on the 3rd floor, B Wing/building of the commercial complex known as Godrej Eternia. This property is located in the village of Bhamburda – Shivaji Nagar, Taluka Pune City, District Pune, within the limits of Pune Municipal Corporation.

Shareholding and Financials

EFC Estate Wakadewadi 3 Private Limited is a wholly-owned subsidiary of EFC (I) Limited. The nature of the consideration for the subscription is cash. The cost of subscription is Rs. 1,000, which is divided into 100 equity shares of Rs. 10 each. EFC (I) Limited holds 100% of the shareholding in the new entity.

Sr. No. Particulars Details 1 Name of the entity EFC Estate Wakadewadi 3 Private Limited 2 Date of incorporation May 6, 2026 3 Country of incorporation India 4 Industry Real estate as a service 5 Nature of consideration Cash 6 Cost of subscription Rs. 1,000 (100 equity shares of Rs. 10 each) 7 Percentage of shareholding 100%

Background and Approvals

The property to be held by the subsidiary will be acquired through a demerger from EFC Limited, which is a material wholly-owned subsidiary of EFC (I) Limited. The company stated that no specific governmental or regulatory approvals were required for this incorporation. The intimation was signed by Aman Kumar Gupta, Company Secretary, on behalf of EFC (I) Limited.

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