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Edelweiss Financial Services Shares Fall Over 14% After After RBI Imposed Restrictions on Asset Reconstruction Arm

Shares of Edelweiss Financial Services on Thursday, May 30 declined more that 14 per cent in initial trade on Thursday after RBI imposed business restrictions against the EARCL), due to concerns regarding regulatory breaches and improper conduct by the entities. The stock fell 14.45 per cent to Rs 66.20 apiece on the BSE. While, at the NSE, it went down by 14.53 per cent to Rs 66.20 apiece.

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Edelweiss Financial Services Announces Rs 200 Crore Public Issue Of NCDs

Edelweiss Financial Services Announces Rs 200 Crore Public Issue Of NCDs
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Edelweiss Financial Services Issues 20 Lakh NCDs

Edelweiss Financial Services Issues 20 Lakh NCDs
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Edelweiss Financial Services shares trade ex-spin off; stock rises 5%

Edelweiss Financial Services: Nuvama will allot 1,05,28,746 equity shares of the face value of Rs. 10 each to the shareholders of Edelweiss Financial Services on proportionate basis as a consideration for demerger.

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Edelweiss Financial board clears Rs 1,500 crore fund raising via NCD

Edelweiss Financial Services on Thursday said the board of the company has approved raising up to Rs 1,500 crore through Non-convertible Debentures (NCDs) to fund business growth, via an exchange filling. Additionally, for the fiscal year ending March 31, 2023, the board has additionally announced an interim dividend of Re 0.25 per share on the equity share with a face value of Re 1 each.

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