Edelweiss Director Resigns, Seeks Promoter Reclassification

Edelweiss Financial Services Ltd announced the resignation of Promoter Director Mr. Venkatachalam Ramaswamy from the Board of Directors and as Vice Chairman, effective November 11, 2026. The resignation is to pursue personal and professional goals. Concurrently, the company received a request from Mr. Ramaswamy and Ms. Aparna T. C. for reclassification from 'Promoter/Promoter Group' to 'Public' category, as per SEBI LODR regulations. The reclassification request will be placed before the Board for consideration, subject to stock exchange no-objection and member approval.