EFC Limited expands portfolio with New 49,556 Sq. Ft. acquisition in Pune worth over Rs. 80 Crore

EFC Limited has announced the execution of a Letter of Intent (LOI) for the acquisition of a prime property valued at over 80 crore INR. The property spans 49,556 square feet and boasts a seating capacity of over 1,500, strategically located within Pune City.

This acquisition represents a major milestone in the expansion of our serviced office portfolio and underscores EFC Limited's leadership in the managed office sector across India. The new property will be pivotal in reinforcing our market position and exemplifies our steadfast commitment to operational excellence and market leadership.

As EFC Limited continues to set new benchmarks for service and flexibility, this acquisition will play a crucial role in enhancing our mission to deliver exceptional facilities and services. We are devoted to addressing the evolving needs of the market and further enriching our service offerings to maintain our industry-leading status.

Shares of EFC India Limited was last trading in BSE at Rs. 554.95 as compared to the previous close of Rs. 554.60. The total number of shares traded during the day was 114556 in over 967 trades.

The stock hit an intraday high of Rs. 567.00 and intraday low of 535.00. The net turnover during the day was Rs. 64104467.00.

Source : Equity Bulls

Keywords

EFCIndia INE886D01026 EFCIL LOI Acquisition PrimeProperty Pune