Alpha Tribe

Edelweiss Financial Services LimitedImportant, 28-03-2025: General Updates

28-03-2025 · 12:53 am

Edelweiss Financial Services Limited has announced a board meeting on March 27, 2025, approving a public issue of secured, redeemable, non-convertible debentures (NCDs) with a face value of ₹1,000 each. The total issue size is up to ₹2,000 million, including a green shoe option of ₹1,000 million. The NCDs will be open for subscription from April 8, 2025, to April 24, 2025. Rated “Crisil A+/Stable,” these debentures offer investors a safety net regarding timely financial obligations, presenting a positive outlook for investors seeking stable yields without significant risk.

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