Mumbai, Sept. 5 -- EFC (I) has completed the monetisation of its underlying real estate asset held through Sanvritti Alpha (Sanvritti or SPV), a wholly owned subsidiary of the Company, through the sale and transfer of its entire 100% equity shareholding in Sanvritti pursuant to the Share Acquisition Agreement.

The underlying real estate comprises of two floors in the Konark Alpha Building situated at the prime location of Pune city, which was acquired by EFC under a SPV (formerly known as EFC Estate 56 Alpha

Pvt Ltd) in the year 2025, later designed & built into an A Grade Asset and finally leasing out entirely to premium customers and hence turning the same into an income generating Asset. EFC has sold the said

Assets through SPV for ...