EFC (I) Limited
Bandhan Mutual Fund increased its stake in EFC (I) Limited from 1.85% to 2.95%, acquiring 18,28,358 additional shares worth ₹34.46 Cr at ₹188.62 apiece.
A commercial real estate services company incorporated in 1984, EFC (I) Ltd operates primarily in the leasing of office spaces across India. The company provides workspace solutions to corporate clients through its portfolio of commercial properties in key business districts. As a diversified commercial services firm, it focuses on delivering reliable, well-maintained office infrastructure and leasing services to meet the evolving needs of businesses seeking quality workspace.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.