Edelweiss Financial Services Launches ₹3,000 Million NCD Public Issue

Edelweiss Financial Services Limited (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) amounting up to ₹3,000 million. The issue, with a base size of ₹1,500 million and a greenshoe option of ₹1,500 million, offers ten series of NCDs with tenures ranging from 24 to 120 months. The effective annual yield is up to 10.00% per annum, and the NCDs have a 'Crisil A+/Stable' rating. Proceeds will primarily be used for repaying existing borrowings (at least 75%) and for general corporate purposes (up to 25%). The issue opens on September 21, 2026, and closes on October 05, 2026. The NCDs will be listed on BSE Limited.