DBT Bureau
Pune, 2 March 2026
Edelweiss Financial Services Limited today announced in an exchange filing the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each, aggregating up to ₹1,750 million, with a green shoe option of up to ₹1,750 million, taking the total issue size to ₹3,500 million.
The issue comprises 10 series of NCDs carrying fixed coupons, with tenures of 24 months, 36 months, 60 months, and 120 months, offering annual, monthly, and cumulative interest options. The effective annual yield on the NCDs ranges from 8.64% p.a. to 10.01% p.a.
The issue is scheduled to open on Monday, March 2, 2026, and will close on Monday, March 16, 2026.
At least 75% of the proceeds from the Issue will be utilized towards the repayment or prepayment of interest and principal on the Company’s existing borrowings. The remaining amount, not exceeding 25% of the total funds raised, will be allocated for general corporate purposes. The utilization of proceeds will be in compliance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended from time to time (SEBI NCS Regulations).
Trust Investment Advisors Private Limited, Nuvama Wealth Management Limited and Tipsons Consultancy Services Private Limited have been appointed as the Lead Managers to the Issue. The NCDs are proposed to be listed on BSE Limited to provide liquidity to investors.
