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EFC (I) Limited Shares Rise 3.62% to ₹316 as Abakkus Fund Acquires 0.35% Stake from Forbes EMF

By Shishta Dutta | Published at: Oct 9, 2025 04:04 PM IST

EFC (I) Limited Shares Rise 3.62% to ₹316 as Abakkus Fund Acquires 0.35% Stake from Forbes EMF
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Mumbai, 9 October 2025: Shares of EFC (I) Limited (INE886D01026, NSE: EFCI) advanced 3.62% to ₹316 in early trade at 10:46 AM IST, following the acquisition of a 0.35% stake by Abakkus Diversified Alpha Fund – 2, managed by Sunil Singhania’s Abakkus Asset Manager, from Forbes EMF. The block deal has attracted market attention, reflecting institutional interest in the diversified commercial services company.

EFC (I) Limited, listed on 20 August 2025, operates in the diversified commercial services segment, offering integrated workspace solutions across India. The company has expanded rapidly into managed office spaces and co-working solutions, attracting institutional investors like Abakkus. The recent stake acquisition underlines the ongoing strategic repositioning of shareholding patterns and signals investor focus on companies with scalable business models in India’s commercial services sector.

Abakkus Acquires 3.5 Lakh Shares at ₹296.1 Each, Transaction Worth ₹10.36 Crore Spurs Market Activity

As per trade data, Abakkus purchased 3.5 lakh shares at an average price of ₹296.1 per share, with a total deal value of ₹10.36 crore. The shares were sold by Forbes EMF, which held a 1.51% stake (15 lakh shares) in EFC (I) Limited as of June 2025. The transaction coincides with heightened interest in workspace solutions and co-working segments, highlighting the company’s growing institutional investor profile.

EFC (I) Stock Performance Shows Broad-Based Gains Amid High Volume Trading

At 10:46 AM IST, EFC (I) Limited recorded a traded volume of 45.21 lakh shares, with a traded value of ₹147.02 crore, indicating robust market activity. The stock opened at ₹317, reached a day’s high of ₹335.85 and a low of ₹312.60, with a VWAP of ₹325.15. The company’s market capitalisation stood at ₹3,145.89 crore, while the free float market cap was ₹1,716.91 crore, reflecting strong liquidity and participation. The stock traded well above its 52-week low of ₹285 but remained below its 52-week high of ₹357 recorded on 20 August 2025.

The acquisition of a 0.35% stake by Abakkus Diversified Alpha Fund and the associated share price movement underscore EFC (I) Limited’s growing prominence in India’s workspace solutions market. The deal highlights the active participation of institutional investors, strong market liquidity, and the strategic significance of shareholding adjustments in recently listed companies.

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