News for Edelweiss Financial Services Limited (EDELWEISS.BO)

Edelweiss Employees Welfare Trust on Tuesday divested a 1.7% stake in Edelweiss Financial Services for nearly Rs 145 crore through an open market transaction.

Edelweiss Finanical Services' promoter, Hong Kong-based CLSA Global Markets Pte. Ltd-ODI, sold 1.13 crore shares or a 1.19% stake at Rs 88.55 apiece, taking the total sale value worth Rs 100 crore through bulk deal on Tuesday.

Omnichannel retailer FirstCry today said that the cofounder and CEO of its ecommerce roll up arm GlobalBees, Nitin Agarwal, has stepped down.

Edelweiss Financial Services Limited announces NCD public issue worth ₹200 crore with attractive yields and strong credit rating.

Trump tariff turmoil: Stocks including Trent, Interarch Building Products Tata Steel, Sarda Metal, Tata Motors and other crack up to 20 per cent in the early trade on Monday.

Epic Concesiones 2 Private Limited and Infrastructure Yield Plus seek CCI approval for significant road infrastructure acquisition in India.

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Indian benchmark indices opened slightly lower for the third straight session, dragged by banking, auto, and energy stocks. Investors remained cautious ahead of the US Federal Reserve's policy decision. A 25-basis-point rate cut is anticipated, but the focus is on Fed Chair Jerome Powell's comments on future rate cuts.

RBI lifts restrictions on Edelweiss Group companies with immediate effect

Edelweiss sells stake in Nuvama Wealth Management, wealth management firm’s shares tumble; analysts optimistic about future prospects.

EAAA India Alternatives Ltd., a wholly-owned subsidiary of Edelweiss Financial Services Ltd., filed its preliminary papers with capital markets regulator SEBI on Thursday for an initial public offering. This development will set a precedent as an alternatives entity will get listed for the first time.

Edelweiss Financial share price: Shares of Edelweiss Financial Services are expected to be in focus on Tuesday as the company plans to sell a minority stake in its mutual fund business, Edelweiss Mutual Fund. Sources indicate that the firm is looking to divest 25-35% of its stake in the mutual fund arm, aiming for a valuation of $600 million.

Oct 29, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day and welcome to second-quarter FY25 earnings conference call of Edelweiss Financial services Li

Baron Emerging Markets Fund gained 9.07% (Inst) during the third quarter of 2024. Click here to read the full commentary.

Edelweiss Financial Services has launched a Rs 200 crore public issue of Secured Redeemable Non-Convertible Debentures (NCDs), offering yields of up to 11% per annum. With 12 series of NCDs, the funds will primarily be used to repay existing borrowings. The issue opens on October 7 and will be listed on BSE.

Edelweiss Financial Services to raise ₹200 crore through NCDs with fixed coupons, rated CRISIL A+, closing on October 18.

The IPO, which is partly aimed at reducing the parent company’s debt, is likely to be predominantly an offer for sale.

Nifty closed the week with 2% gains, despite significant block deals totaling Rs 10,934 crore across large, mid, and smallcap companies. Tata Group's Trent led largecap block deals with Rs 715 crore, followed by Mankind Pharma, Tube Investments of India, Bosch, and others.

Aug 05, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the first quarter FY '25 earnings conference call of Edelweiss Financial Servi