EFC (I) Limited (BSE:512008) has secured SEBI registration for EMBERSTONE SM REIT, India?s firstSmall & Medium Real Estate Investment Trust operated by a managed office space provider. The company plans to launch an initial public offer worth INR 5,000 million through its wholly-owned step-down subsidiary, EFC REIT Private Limited. SEBI granted the registration on October 29, 2024, allowing EMBERSTONE SM REIT to proceed with its first scheme offering.

EFC REIT Private Limited will serve as the investment manager, overseeing the funds raised and managing commercial real estate asset operations.