EFC (I) Ltd Sells 100% Stake in Subsidiary for ₹39 Cr
EFC (I) Ltd has completed the sale of its entire 100% equity shareholding in its wholly-owned subsidiary, Sanvritti Alpha Private Limited (SPV), for a total consideration of INR 39 crores. This transaction monetizes the underlying real estate asset, comprising two floors in the Konark Alpha Building in Pune. The deal was structured as an 'Assets Sale and Lease Back', allowing EFC to continue operating the asset as managed/coworking spaces. Sanvritti Alpha Private Limited contributed ₹221.35 Lakhs to consolidated turnover (0.21%) and had a net worth of ₹(506.56) Lakhs (0.62%) in FY 2025-26. The buyer, Sanvritti Global Private Limited, is not related to EFC's promoter group. This divestment aligns with EFC's strategy of asset monetization and generating stable rental income.
Key Highlights
- EFC (I) Ltd divested 100% stake in Sanvritti Alpha Private Limited for ₹39 Cr.
- Transaction structured as 'Assets Sale and Lease Back', EFC continues operations.
- Sanvritti contributed 0.21% to FY26 consolidated turnover.
- Sanvritti's net worth was negative ₹506.56 Lakhs as of March 31, 2026.
- Buyer is unrelated to EFC's promoter or group companies.
Price Impact
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