About EFC (I) Limited 

EFC (I) Limited is a design-led, real estate-as-a-service provider focused on fully integrated office environments. The company delivers managed offices, turnkey interior solutions and custom-built furniture through a platform that blends leasing, design and in-house manufacturing, enabling clients to concentrate on growth while EFC takes end-to-end ownership of the workplace experience. Incorporated in 1984, EFC operates across major Indian cities, including New Delhi, Noida, Kolkata, Hyderabad, Chennai, Pune, Ahmedabad, Gurugram, Mumbai and Navi Mumbai, with a strong national presence. As of FY 2024-25, the company’s operational footprint includes 60,012 seats across 79 sites, more than 150 completed projects and over 600 clients . The group had 14 subsidiaries at year-end (including step-down subsidiaries) and one joint venture; the company does not have foreign collaborators. 

Key milestones include scale-up of managed office capacity, continued expansion of design-and-build execution, and the commissioning of an in-house furniture manufacturing facility in Pune to support both internal and external demand.

EFC (I) Limited Business Segments

Segment contribution to revenue:

• Rental (managed office leasing): 57%
• Interior fit-out: 40%
• Furniture & Fixtures trade: 3%

Geography: Domestic: 100% (company’s operations are in India; exports contribution: Not Applicable)

EFC (I) Limited  Key Management

• Umesh Kumar Sahay – Chairman and Managing Director
• Abhishek Narbaria – Non-Executive, Non-Independent Director
• Nikhil Dilipbhai Bhuta – Whole-time Director
• Uday Tushar Vora – Chief Financial Officer
• Aman Gupta – Company Secretary

Latest Updates on EFC (I) Limited 

• Strategic acquisitions: Majority stake acquired in Bigbox Ventures (July 1, 2024), and 100% acquisition of the then Degwekar Industries Pvt. Ltd., now EFC Estate 56 Alpha Pvt. Ltd. (July 5, 2024).
• Large deal wins: Secured a Rs 183 crore turnkey interior contract from a prominent Indian multinational; the interiors division now has more than 3.5 million sq. ft. delivered to date  .
• Manufacturing expansion: Commenced commercial operations at the Pune furniture facility, supplying customised and ready-made furniture for commercial offices, hospitality and residential spaces and supporting turnkey projects with in-house production.
• Capital and listing actions: Issued fully paid-up bonus shares in a 1:1 ratio during FY 2024-25; the company’s equity shares were listed on NSE with symbol “EFCIL” on August 20, 2025.
• Corporate restructuring: Court-convened meeting scheduled on September 15, 2025 for the proposed merger of Whitehills Interior Limited into EFC (I) Limited; initiated a plan to demerge real estate assets into separate entities; launched the EMBERSTONE SM REIT framework to monetise operational centres while retaining services control.
• Network growth and performance: The leasing vertical closed the year with upwards of 60,000 operational seats across 79 sites in 9 cities, maintaining about 90% average occupancy; Bigbox integration added over 3,000 workstations and accelerated centre onboarding.