Completes 15 percent stake sale in EAML and ETCL to WestBridge Capital
EDELWEISS · price
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Edelweiss Financial Services has completed transferring the remaining 5 percent stake each in Edelweiss Asset Management (EAML) and Edelweiss Trusteeship Company (ETCL) to WestBridge Capital, completing the 15 percent transfer announced earlier. The company and its wholly owned subsidiary Edelweiss Securities and Investments carried out the transfer on June 29, 2026. Consideration was received as per the initial terms shared in the December 2025 and August 2025 intimation letters.
Partial monetisation of asset management and trusteeship subsidiaries to a marquee investor. Small reduction in consolidated earnings from these units going forward.