EFC Limited to Acquire 51% Stake in Fast-Growing Managed Workspace Company Bigbox Ventures

EFC Limited, a Material Unlisted Wholly-owned Subsidiary, has approved the execution of the Share Subscription Agreement to acquire 51% stake in Bigbox Ventures Private Limited. Bigbox, a managed workspace company, offers flexibility, speed, security, and a world-class workplace experience to enterprises and start-ups. The company operates over 3,000 workstations across 9 locations in Pune. The acquisition will help EFC expand its market presence and improve operations, aiming to bring significant benefits to customers and stakeholders.