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EFC (I) Limited to acquire Ultrafresh Modular Solutions for Rs 54 crore via share swap
13-Aug-2026, 01:46
EFC (I) Limited announced it has entered into a Share Purchase Agreement to acquire 100% equity stake in Ultrafresh Modular Solutions Limited, a modular home solutions company partially owned by TTK Prestige Limited, for an acquisition cost of Rs 54 crore. The acquisition, expected to be completed on or before October 31, 2026, will be settled through a share swap and is intended to strengthen EFC (I) Limited’s furniture manufacturing and design business, leveraging Ultrafresh’s product portfolio, brand, and market presence in North India. Ultrafresh Modular Solutions Limited reported a turnover of Rs 36.32 crore in fiscal year 2025-26, Rs 32.49 crore in fiscal year 2024-25, and Rs 31.20 crore in fiscal year 2023-24.
EFC (I) Limited announced it has entered into a Share Purchase Agreement to acquire 100% equity stake in Ultrafresh Modular Solutions Limited, a modular home solutions company partially owned by TTK Prestige Limited, for an acquisition cost of Rs 54 crore. The acquisition, expected to be completed on or before October 31, 2026, will be settled through a share swap and is intended to strengthen EFC (I) Limited’s furniture manufacturing and design business, leveraging Ultrafresh’s product portfolio, brand, and market presence in North India. Ultrafresh Modular Solutions Limited reported a turnover of Rs 36.32 crore in fiscal year 2025-26, Rs 32.49 crore in fiscal year 2024-25, and Rs 31.20 crore in fiscal year 2023-24.