ALPHA TRIBE

Edelweiss Financial Services LimitedUpdates, 08-07-2025: Press Release

08-07-2025 | 10:48 am

Edelweiss Financial Services has announced a board meeting to consider a ₹300 Cr public issue of secured redeemable non-convertible debentures (NCDs) with an effective yield up to 10.50% p.a. Rated Crisil A+/Stable, the issue offers 12 series across tenures from 24 to 120 months with multiple interest payout options. At least 75% of the proceeds will be used to repay existing debt, supporting balance sheet deleveraging, while the rest will fund general corporate purposes. The NCDs will be listed on BSE to provide liquidity to investors.

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