NCLT approves Scheme of Arrangement between EFCIL and Whitehills Interior
NCLT approves the Scheme of Arrangement between EFC (I) Limited and Whitehills Interior Limited. EFCIL will issue 3,77,30,000 equity shares to the shareholders of Whitehills Interior Limited.
The approval of the scheme is a significant step for the merger, which is expected to have a moderate impact on the company's operations and financial performance.
The NCLT approval removes uncertainty and facilitates the merger, which is expected to bring synergies and benefits to the company.
* The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, approved the Scheme of Arrangement between EFC (I) Limited and Whitehills Interior Limited on 11 November 2025, order copy of which was uploaded on 13 November 2025. * The company received the certified true copy of the order on 17 November 2025. * As per the scheme, Whitehills Interior Limited will be merged into EFC (I) Limited. * EFCIL will issue 3,77,30,000 equity shares to the shareholders of Whitehills Interior Limited. * The appointed date for the scheme is 1 April 2023.
What to do with a filing like this
EFC (I) Limited filed this with the NSE as a statutory disclosure, categorised under amalgamation. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by EFC (I) Limited. Read the original for the full detail.