SECTOR
EFC (I) completes acquisition of 100% stake in Ultrafresh Modular Solutions
Oct-05-2026

EFC (I) has completed the acquisition of 100% equity stake in Ultrafresh Modular Solutions through a share swap. Consequent to the said acquisition, Ultrafresh has become a wholly owned subsidiary of the company.

The acquisition is intended to strengthen and further scale the company’s existing furniture manufacturing and Design & Built solutions business. Ultrafresh is engaged in the business of modular furnitures including kitchens, wardrobes and customised home interior solutions, which are complementary to the company’s existing furniture manufacturing and Design & Build operations.

The acquisition will enable the company to leverage its existing manufacturing capabilities, supply-chain infrastructure and design expertise, while integrating Ultrafresh’s product portfolio, brand, design capabilities, market presence, factory strategic presence in North India. It is expected to create operational and business synergies, broaden the company’s product offerings, enhance manufacturing and distribution capabilities and provide greater access to the organised modular solutions market.

Accordingly, the acquisition is within the broader line of the company’s existing business activities and represents a strategic extension of its furniture manufacturing and interior solutions vertical, with the objective of achieving greater scale, integration and long-term value creation.

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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