Edelweiss Financial Services to raise Rs 2,500m via NCD public issue

Edelweiss Financial Services to raise Rs 2,500m via NCD public issue

Edelweiss Financial Services Limited (“EFSL”), a prominent player in India’s financial services sector, today announced the launch of a public issue of Secured Redeemable Non-Convertible Debentures (NCDs). The NCDs, each with a face value of ₹1,000, aim to raise an amount up to ₹1,250 million, with an additional option (green shoe option) to cumulatively aggregate […]

Edelweiss Financial Services announces Rs 2,000m NCD issue

Edelweiss Financial Services announces Rs 2,000m NCD issue

Edelweiss Financial Services Limited (EFSL) is set to launch a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each, raising up to ₹2,000 million. The NCDs will offer various series with fixed coupons and tenures ranging from 24 to 120 months, providing investors with annual, monthly, and cumulative interest […]

Edelweiss Financial one step closer to listing Nuvama Wealth Management

Edelweiss Financial one step closer to listing Nuvama Wealth Management

Edelweiss Financial Services Ltd (EFSL), an Indian investment and financial services company, has secured approval from its shareholders for the previously announced demerger of its wealth management business. Previously known as Edelweiss Wealth Management, the wealth management business post-separation will be listed as Nuvama Wealth Management Limited (NWML). In 2020, Pacific Alliance Group (PAG), an […]