Edelweiss Financial Services Shareholders Approve Disposal of Material Subsidiary Through Postal Ballot

Edelweiss Financial Services Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the disposal of equity shares in material subsidiary Nido Home Finance Limited. The voting results, declared on April 6, 2026, demonstrate strong shareholder support for the strategic corporate action.

Voting Results and Shareholder Participation

The special resolution received decisive approval from shareholders, with comprehensive participation across all categories. The voting was conducted entirely through electronic means, reflecting modern corporate governance practices.

Voting Outcome:	Details
Total Votes in Favour:	54,56,67,352 shares (99.41%)
Total Votes Against:	32,13,627 shares (0.58%)
Total Valid Votes:	54,88,80,979 shares
Voting Percentage:	57.99% of outstanding shares
Total Shareholders (Cut-off):	3,84,044

Category-wise Voting Analysis

The voting pattern showed strong support across all shareholder categories, with promoters demonstrating unanimous backing for the resolution.

Category	Shares Held	Votes Polled	% Polled	Votes in Favour	% in Favour
Promoter Group:	30,43,40,116	30,42,90,116	99.98%	30,42,90,116	100.00%
Public Institutions:	24,23,63,611	18,13,63,881	74.83%	17,81,81,044	98.25%
Public Non-Institutions:	39,97,74,897	6,32,26,982	15.82%	6,31,96,192	99.95%

Postal Ballot Process Details

The postal ballot process was conducted in accordance with regulatory requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key procedural aspects included:

Notice Date: February 10, 2026
Cut-off Date: February 27, 2026
Notice Dispatch: March 5, 2026
Voting Period: March 6, 2026 (9:00 AM) to April 4, 2026 (5:00 PM)
Result Declaration: April 6, 2026

Scrutinizer Appointment and Oversight

SVVS & Associates Company Secretaries LLP served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report confirmed that the voting was conducted in a fair and transparent manner, with National Securities Depository Limited (NSDL) providing the electronic voting platform.

The scrutinizer oversaw the entire process, including vote counting in the presence of independent witnesses CS. Anshita Jhawar and Mr. Prathamesh Kumbhar, ensuring compliance with statutory requirements.

Regulatory Compliance and Disclosure

The company has fulfilled all disclosure obligations by sharing the voting results on multiple platforms:

Company website: www.edelweissfin.com
BSE Limited: www.bseindia.com
National Stock Exchange of India Limited: www.nseindia.com
NSDL e-voting portal: www.evoting.nsdl.com

The approval enables Edelweiss Financial Services to proceed with the disposal of equity shares and ceding control over Nido Home Finance Limited, marking a significant corporate restructuring decision backed by strong shareholder consensus.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.82%	+14.11%	+3.95%	+2.54%	+45.62%	+203.04%

Edelweiss financial services Limited has announced the allotment of equity shares under its employee stock appreciation rights program. The Share Allotment Committee approved the allotment during its meeting held on March 20, 2026.

Share Allotment Details

The company has provided specific details regarding the equity share allotment under its employee incentive program.

Parameter:	Details
Shares Allotted:	53,029 equity shares
Face Value:	Re. 1 each
Plan:	Edelweiss Employees Stock Appreciation Rights Plan, 2019
Approval Date:	March 20, 2026
Approving Authority:	Share Allotment Committee

Regulatory Compliance

The allotment was conducted in accordance with the provisions of the Edelweiss Employees Stock Appreciation Rights Plan, 2019. The company has notified both stock exchanges about this corporate action as part of its regulatory disclosure requirements.

The communication was signed by Tarun Khurana, Company Secretary, and sent to BSE Limited and National Stock Exchange of India Limited on March 20, 2026. This allotment represents the company's ongoing commitment to its employee incentive programs through equity participation.