Edelweiss Financial Services Limited has announced the early closure of its public issuance of Non-Convertible Debentures (NCDs). The company’s Debenture Fund Raising Committee decided to close the issue on Tuesday, September 29, 2026, six days ahead of the scheduled end date.

The original subscription period was set to conclude on Monday, October 5, 2026. The early closure follows a resolution passed by the committee on September 28, 2026, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Issue Details

The company offered up to 30,00,000 Secured Redeemable Non-convertible Debentures with a face value of ₹1,000 each. The base issue size amounted to ₹1,500 million (₹150 crore), with an option to retain oversubscription up to an additional ₹1,500 million, aggregating to an issue limit of ₹3,000 million (₹300 crore).

Regulatory Compliance

The decision to close the issue early was taken pursuant to the provisions of Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed this intimation with both BSE Limited and National Stock Exchange of India Limited on September 28, 2026.

The issuance was conducted pursuant to the Prospectus dated September 10, 2026. Investors should note that the application window for this specific tranche is now closed as per the revised timeline.

Edelweiss Financial Services Limited shareholders approved the audited financial statements for FY26 and declared a dividend of ₹1.50 per equity share during the 31st Annual General Meeting held on September 28, 2026. The company subsequently disclosed the detailed voting results, confirming all resolutions passed with substantial majority.

The meeting, conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), saw all directors present except Venkatchalam Ramaswamy, who was absent due to prior commitments. Chairman Rashesh Shah led the proceedings and provided a brief background on Rajiv Jalota, who joined the board as an independent director.

Board changes and resolutions

The AGM addressed significant governance updates alongside routine approvals. Ashok Kini stepped down as an independent director on April 30, 2026, citing health reasons. The board placed on record its appreciation for his contributions during his tenure.

Shareholders passed three ordinary resolutions with the requisite majority:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
• Declaration of a final dividend of ₹1.50 per equity share of face value ₹1 each.
• Re-appointment of Vidya Shah as a director retiring by rotation.

Voting results breakdown

The company filed disclosures with BSE and NSE detailing the e-voting outcomes pursuant to Regulation 44 of the Listing Regulations. The results indicate strong shareholder support across all agenda items, with minimal dissent recorded in the public institutional category for certain resolutions.

The total number of shareholders on the cut-off date of September 22, 2026, was 3,86,163. Remote e-voting commenced on September 25, 2026, and concluded on September 27, 2026, prior to the live meeting.

Meeting logistics and voting

The company provided remote e-voting facilities for members to cast their votes electronically. Voting remained open for 15 minutes after the conclusion of the meeting. Results were declared following the receipt of the scrutinizer's report from SVVS & Associates Company Secretaries LLP and subsequently uploaded to the company website and communicated to stock exchanges.

The meeting commenced at 4:00 pm and concluded at 5:50 pm, including the time allotted for e-voting. The statutory and secretarial auditors' representatives were also present during the session.