Edelweiss Financial Services Limited has informed the Exchange about change in Management
EDELWEISS · price
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Edelweiss Financial Services reported strong FY2026 results with consolidated PAT (pre-MI) of ₹680 crore, up 27% YoY. The Board approved audited financials, recommended dividend of ₹1.50 per share, and appointed Mr. Rajiv Jalota as Independent Director for 5 years. Mr. Ashok Kini resigned as Independent Director effective April 30, 2026 due to personal health reasons. Key business highlights include Alternative Asset Management FPAUM growing 32% to ₹44,710 crore, Mutual Fund Equity AUM reaching ₹78,000 crore (up 25%), and MSME disbursals tripling YoY to ₹1,051 crore. The company serves nearly 14 million customers with assets under management of ₹2.4 trillion.
Positive earnings growth and dividend signal financial health, but the resignation of an Independent Director warrants attention for governance monitoring. The company maintains strong profitability metrics with 27% PAT growth.