Edelweiss Financial Services Ltd Approves Public Issue of Secured, Redeemable, Non-convertible Debentures worth 33,500 Million

Edelweiss Financial Services Ltd, a company with Corporate Identity Number L99999MH1995PLC094641, has approved the public issue of secured, redeemable, non-convertible debentures (NCDs) worth 33,500 million. The NCDs, each with a face value of 31,000, will be issued in a public issue for an amount up to 31,750 million with a green shoe option of up to 1,750 million. The NCDs have been rated ‘Crisil A+/Stable’ by Crisil, indicating a low credit risk. The NCDs are proposed to be listed on BSE Limited and the security for the NCDs will be created prior to making the listing application for the NCDs with the Stock Exchange.