EDELWEISS: WHOLLY OWNED SUBSIDIARY SELLS EAAA SHARES

EDELWEISS: WHOLLY OWNED SUBSIDIARY SELLS EAAA SHARES WORTH ₹1,200 CRORE IN IPO

• Stake Sale: ESIPL, a wholly owned subsidiary of Edelweiss, sold 72,07,207 equity shares of EAAA India Alternatives Ltd at ₹1,665 per share through an offer for sale (OFS) in the IPO. • Gross Proceeds: The transaction generated gross proceeds of approximately ₹1,200 crore, with net proceeds of ₹1,120.63 crore to ESIPL after issue expenses. • Shareholding: Following the sale, ESIPL retains a 78.43% stake in EAAA. Edelweiss, through its subsidiaries, continues to hold 5,42,33,039 shares, representing an overall 83.88% stake. • Business Profile: EAAA operates as an investment manager in the alternative asset management space. It reported FY26 total income of ₹963.76 crore and a net worth of ₹1,075.54 crore as of March 31, 2026. • Listing: EAAA continues to remain a subsidiary of Edelweiss. Shares were allotted on October 29, 2026, and commenced trading on November 2, 2026. Impact: Positive – The IPO enables Edelweiss to monetise part of its investment and generate liquidity while retaining majority control of EAAA and its alternative asset management business.