Edelweiss Financial Services Limited has informed the Exchange regarding a press release dated September 24, 2025, titled "Edelweiss Financial Services Limited announces ₹ 3,000 million Public Issue of Secured Redeemable Non- convertible Debentures (NCDs)".
EDELWEISS · price
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Edelweiss Financial Services Limited has launched a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a base size of ₹1,500 million and a green shoe option of another ₹1,500 million, taking the total issue size to ₹3,000 million. The NCDs have a face value of ₹1,000 each and are offered across 10 series with tenures of 24, 36, 60, and 120 months, offering effective annual yields ranging from 9.00% to 10.25%. The issue carries a credit rating of Crisil A+/Stable and opened on September 24, 2025, closing on October 8, 2025. At least 75% of the proceeds will be used to repay or prepay existing borrowings, while the rest will go toward general corporate purposes. The NCDs will be listed on BSE and allotted in dematerialized form only.
This is a debt-raising exercise, not an equity dilution, so existing shareholders are not directly affected in terms of shareholding. The funds will help refinance existing debt, potentially improving the company's debt maturity profile, though the A+ rating reflects moderate credit risk.