EFC completes Ultrafresh acquisition through 19,99,996-share swap
As filed · EFC (I) Limited has informed the Exchange about Update on acquisition of Ultrafresh Modular Solutions Limited.
M&AImprovingNotablemateriality 65 out of 100
What happened
FactEFC (I) Limited completed its acquisition of a 100% equity stake in Ultrafresh Modular Solutions Limited through a share swap. Ultrafresh, previously a 51% subsidiary of TTK Prestige Limited, has become EFC’s wholly owned subsidiary.