BSECompany Update2h ago · 25 Sept 2026, 05:17 pm
Intimation under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Edelweiss Financial Services Ltd · 532922
✦ AI SummaryDivestiture
Edelweiss Financial Services Ltd has completed the sale of 45% stake in Nido Home Finance Ltd to CA Sardo Investments and Salisbury Investments Private Ltd for Rs 5,80,67,79,525 and issued 2,59,06,736 equity shares and 5,18,13,472 warrants to the buyers.
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Edelweiss Financial Services Ltd - 532922 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
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EW/Sec/2026-27/277
September 25, 2026
BSE Limited National Stock Exchange of India Limited
P J Towers, Exchange plaza,
Dalal Street, Bandra-Kurla Complex,
Fort, Bandra (E),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 532922 Symbol: EDELWEISS
Sub: Intimation under the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
We refer to our letter dated February 10, 2026, regarding the proposed sale of up to 45%
stake in Nido Home Finance Limited ("Nido"), a subsidiary of the Company, by the
Company, Edelweiss Rural & Corporate Services Limited (ERCSL) and Edel Finance
Company Limited (EFCL) (collectively, the "Sellers"), to CA Sardo Investments (an affiliate
of The Carlyle Group (NASDAQ: CG)) and Salisbury Investments Private Limited (an
investment vehicle of Mr. Aditya Puri and his family) (collectively, the Buyers), along with
the Buyers' proposed subscription to equity shares and warrants of Nido, pursuant to the
terms of the definitive agreements (the Agreements) entered into amongst Nido, the Buyers
and the Sellers and subject to receipt of the necessary approvals (the Transaction).
We wish to inform you that upon receipt of the regulatory and other approvals and
fulfilment of the obligations/conditions prescribed in the Agreements, the Transaction
consummated today. The total investment by the Buyers in Nido is over Rs. 2,000 crores
through a combination of primary capital infusion and secondary purchase.
The Company, ERCSL and EFCL have completed the transfer of 45% of the paid-up equity
share capital of Nido to the Buyers for an aggregate consideration of INR 5,80,67,79,525.
Further, in accordance with the Agreements, Nido has also issued 2,59,06,736 equity shares
and 5,18,13,472 warrants, to the Buyers, for an aggregate amount of INR 14,46,13,99,102.56.
Pursuant to the sale and allotment of equity shares and warrants by Nido as contemplated
in the Transaction, the Buyers now hold 58.26% shareholding of Nido which would be
increased to 72.70% within 18 months, on a fully diluted basis post conversion of the
warrants.
Consequent to the above, Nido has ceased to be a subsidiary of the Company and the Sellers
now hold 38.91% in Nido and would hold 25.46% on a fully diluted basis post conversion
of the warrants.
Edelweiss Financial Services Limited
Corporate Identity Number: L99999MH1995PLC094641
Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 022 4079 5199
Email ID: cs@edelweissfin.com Website: www.edelweissfin.com
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Edelweiss Financial Services Limited
Tarun Khurana
Company Secretary
Edelweiss Financial Services Limited
Corporate Identity Number: L99999MH1995PLC094641
Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 022 4079 5199
Email ID: cs@edelweissfin.com Website: www.edelweissfin.com