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EFC's (I) arm acquires 99.99% stake in Bigbox Serviced Office LLP
Jun-06-2025

EFC’s (I) wholly owned Subsidiary -- EFC has acquired 99.99% stake in Bigbox Serviced Office LLP through capital contribution and profit-sharing ratio. Bigbox Serviced Office LLP is in the same industry as the company. This acquisition will help the company to expand its market presence and improve operations.

Bigbox Ventures, a step-down subsidiary of the company, holds a 40% stake in Bigbox Serviced Office LLP. Through this acquisition, EFC acquired a 99.99% stake in Bigbox Serviced Office LLP -- comprising the entire 40% stake held by Bigbox Ventures and an additional 59.99% stake from the other existing partner(s). As a result, Bigbox Serviced Office LLP became a step-down subsidiary of the company, and the controlling interest increased from 40% to 99.99%.

EFC (I) (formerly known as Aamani Trading & Exports) is engaged in the business of real estate services, property management services & renting or leasing services involving own or leased non-residential property.

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