This is a regulatory compliance disclosure filed with BSE Limited and the National Stock Exchange of India Limited under SEBI Listing Regulations.
The disclosure provides an update on the completion of a stake sale transaction previously intimated to the exchanges. The company refers to its earlier letters dated August 22, 2025, and December 17, 2025, which detailed a plan to transfer up to 15% of the paid-up equity share capital of two subsidiaries:
- Edelweiss Asset Management Limited (EAML)
- Edelweiss Trusteeship Company Limited (ETCL)
The December 17, 2025, intimation specifically concerned the transfer of up to 10% of the paid-up equity share capital of each subsidiary to WestBridge Capital through its affiliates: Setu AIF Trust, Konark Trust, and MMPL Trust (collectively referred to as "the Buyers").
The company now intimates that on June 29, 2026, upon fulfillment of all obligations and conditions prescribed in the relevant agreements, it has completed the transfer of the remaining 5% stake. The transfer was executed as follows:
- The remaining 5% of the paid-up equity share capital of Edelweiss Trusteeship Company Limited (ETCL) was transferred by Edelweiss Financial Services Limited.
- The remaining 5% of the paid-up equity share capital of Edelweiss Asset Management Limited (EAML) was transferred by Edelweiss Securities & Investments Private Limited, a wholly-owned subsidiary of Edelweiss Financial Services Limited.
Consideration commensurate with the value of this 5% stake, as per the initial intimation, was received from the Buyers. This transaction concludes the total planned divestment of 15% stake in these subsidiaries.
The letter is signed by Tarun Khurana, Company Secretary, and digitally dated June 29, 2026, at 22:34:09 IST.
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