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Edelweiss Financial Services Limited ( (IN:EDELWEISS) ) has issued an update.
Edelweiss Financial Services Limited announced that the Securities & Exchange Board of India (SEBI) has given its ‘No-objection’ to the proposed sale of up to 15% of the equity share capital in Edelweiss Asset Management Limited and Edelweiss Trusteeship Company Limited to WestBridge Capital. This approval marks a significant step in the transaction, potentially impacting the company’s asset management operations and its strategic partnership with WestBridge Capital.
More about Edelweiss Financial Services Limited
Edelweiss Financial Services Limited operates in the financial services industry, offering a range of products and services including asset management, insurance, and investment advisory. The company focuses on providing comprehensive financial solutions to a diverse clientele, positioning itself as a key player in the Indian financial market.
Average Trading Volume: 518,301
Technical Sentiment Signal: Buy
Current Market Cap: 101.1B INR
Find detailed analytics on EDELWEISS stock on TipRanks’ Stock Analysis page.