Small-Cap Stock Bags New Passport Seva Kendra Project In Pune; Are You Holding?

As part of its continuing Rate Contract for Passport Seva Kendras (PSKs), EFC Ltd. has announced the awarding of another general work contract. The PSK in Pashan, Pune, is the subject of the new assignment, which expands EFC's portfolio of vital infrastructure projects throughout India.

This contract reinforces EFC's demonstrated ability to provide top-notch, complete design and construct solutions and builds on the company's successful completion of the Ahmedabad and Hyderabad PSK projects.

"The scope of work for the Pashan PSK includes complete interior turnkey fit-outs, ensuring seamless integration of functionality, aesthetics, and efficiency," said EFC Ltd in a stock exchange filing.

Mr. Umesh Sahay, Managing Director of EFC (I) Limited, said: "We are honoured to be awarded yet another Passport Seva Kendra project under the Rate Contract. We are committed to deliver best."

This rise in involvement demonstrates EFC's growing involvement in vital infrastructure projects and solidifies its standing as a reliable partner for integrated design and construction services throughout India.

The Scheme of Amalgamation of Whitehills Interior Limited with EFC (I) Limited was approved by a video conference of EFC (I) Limited's equity shareholders on September 15, 2025. Ms. Gayathri Srinivasan Iyer, an independent director and the designated chairperson, presided over the meeting, which was called by the National Company Law Tribunal (NCLT). The shareholders were told during the meeting on the necessity and justification for the plan, which had been earlier authorized by the Securities and Exchange Board of India (SEBI) and BSE Limited, as well as the Board of Directors of both companies on July 20, 2023.

Two resolutions were presented for voting: one to approve a related-party transaction as an ordinary resolution, and the other to approve the Scheme of Amalgamation.

Co-working spaces, managed offices, and interior fit-out services for commercial premises are all provided by EFC (I) Ltd., an Indian real estate leasing and managed office solutions provider, under the Sprint brand. EFC creates exceptional design and build solutions by combining creativity and skill. Being a leading supplier in the infrastructure and interior design field, it specializes in turning business and corporate spaces into visually striking, useful, and impactful areas. With a wide range of well-known projects under its belt, the company is honored to be the go-to partner for businesses looking for workplaces with lasting value and unique design.

The shares of EFC (I) Ltd. began trading on the NSE on Tuesday, October 7, at Rs 290.50 per share. They rose 4.23% from the previous close of Rs 290.65 to an intraday high of Rs 302.95. In the afternoon trading, the company's market capitalization was Rs 2.93KCr.