Stock to watch: Edelweiss Financial in focus as co announces Rs 200 crore NCDs
- Posted on October 9, 2024
- By Business News Today
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Stock to watch: Edelweiss Financial in focus as co announces Rs 200 crore NCDs
Edelweiss Financial Services has launched a Rs 200 crore public issue of Secured Redeemable Non-Convertible Debentures (NCDs), offering yields of up to 11% per annum. With 12 series of NCDs, the funds will primarily be used to repay existing borrowings. The issue opens on October 7 and will be listed on BSE.