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, Mr. Ramaswamy and Ms. Aparna T. C. have requested reclassification from 'Promoter / Promoter Group' to 'Public' category. The company will place this request before the Board for consideration, subject to stock exchange and member approvals. Technical issues caused delays in the official receipt of resignation and reclassification request emails.