EFC (I) demerger scheme set for NCLT final hearing on 27 Nov 2026
- Mergers & acquisitions
EFC (I) (NSE: EFCIL) said in a filing on 27 Oct 2026 that the Mumbai Bench of the National Company Law Tribunal (NCLT) has fixed Friday, 27 Nov 2026 as the date for final hearing of its petition on a demerger scheme with EFC Limited. The NCLT order is dated 22 Oct 2026 and was uploaded on 27 Oct 2026.
The tribunal admitted the petition and set the hearing date
The NCLT order dated 22 Oct 2026 admitted the petition, which covers a Scheme of Arrangement (Demerger) between EFC Limited, the demerged company, and EFC (I) Limited, the resulting company. The scheme is made under Sections 230 to 232 of the Companies Act, 2013, read with the Companies (Compromises, Arrangements, and Amalgamations) Rules, 2016.
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