Date: September 25, 2026
Disinvestment / Strategic Actions
- Edelweiss Financial Services Limited, along with Edelweiss Rural & Corporate Services Limited (ERCSL) and Ed Finance Company Limited (EFCL) (collectively referred to as the Sellers), has completed the sale of a 45% stake in Nido Home Finance Limited (Nido).
- The buyers are CA Sardo Investments (an affiliate of The Carlyle Group) and Salisbury Investments Private Limited (an investment vehicle of Mr. Aditya Puri and his family).
- The transaction was completed on September 25, 2026, following receipt of regulatory approvals and fulfilment of conditions prescribed in definitive agreements.
- The total investment by the buyers in Nido exceeds ₹2,000 crores through a combination of primary capital infusion and secondary purchase.
- The Sellers transferred 45% of the paid-up equity share capital of Nido to the Buyers for an aggregate consideration of ₹5,80,67,79,525 (₹580.68 crores).
- Nido issued 2,59,06,736 equity shares and 5,18,13,472 warrants to the Buyers for an aggregate amount of ₹14,46,13,99,102.56 (₹1,446.14 crores).
Ownership Changes
- Post-transaction, the Buyers now hold 58.26% shareholding in Nido.
- This shareholding will increase to 72.70% within 18 months on a fully diluted basis post conversion of the warrants.
- Nido has ceased to be a subsidiary of Edelweiss Financial Services Limited.
- The Sellers now hold 38.91% in Nido, which will reduce to 25.46% on a fully diluted basis post conversion of the warrants.