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CA Barkha Kamra

6th Aug · SEBI-Registered Analyst

Edelweiss NCD Issue

* Fundraising approved:

EDELWEISS
Financial Services’ board has approved raising up to ₹1,000 crore through a public issue of Non-Convertible Debentures (NCDs), to be issued in one or more tranches. * Purpose & impact: The NCD issuance will help strengthen the company’s funding base, providing long-term capital to support lending operations, refinancing, and general corporate requirements while diversifying its borrowing sources.

#StockInNews
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