Edelweiss Financial Services Ltd to Sell Up to 15% Stake in Subsidiaries to WestBridge Capital for Rs. 450 Crores

Edelweiss Financial Services Ltd has executed Share Purchase Agreements and Shareholders’ Agreements with WestBridge Capital through its affiliates for the sale of up to 15% of the paid-up equity share capital of each of Edelweiss Asset Management Limited and Edelweiss Trusteeship Company Limited. The transaction is expected to be completed by March 2026, subject to regulatory approvals. The consideration for the sale is Rs. 450 crores. The buyers, Setu AIF Trust, Konark Trust and MMPL Trust, do not belong to the Promoter/ Promoter group/group Companies.