Edelweiss Financial Services has received approval for the public issue of Secured, Redeemable, Non-convertible Debentures of the face value of Rs 1,000 each (NCDs) for an amount up to Rs 100 crore (Base Issue Size) with a green shoe option of upto Rs 100 crore, cumulatively aggregating up to 20,00,000 NCDs for an amount aggregating up to Rs 200 crore (Issue Limit). The Debenture Fund Raising Committee (the Committee) of the company at their meeting held on December 27, 2024 has inter alia considered and approved the same.
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.
