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Edelweiss Financial Services' stock fell 17.36% to Rs 64 from the previous close of Rs 77.45 on the Bombay Stock Exchange. By 10:13 am, the stock was down 11.50% at Rs 68.55.
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The regulator said supervisory examinations had revealed that ECL Finance and Edelweiss Asset Reconstruction Co. had engaged in a series of structured transactions aimed at evergreening the stressed exposures of ECL