Edelweiss Financial Services has informed that the Board of Directors of the Company at its meeting held on October 16, 2015, have subject to receipt of approvals/clarifications of the Securities and Exchange Board of India, Reserve Bank of India and other appropriate approvals, if any, accorded its in-principle approval for establishment of Sponsored Level I ADR Program in accordance with the provisions of Depository Receipts Scheme, 2014.
The above information is a part of company’s filings submitted to BSE.