Edelweiss Financial Services Ltd (EDELWEISS) — Board Meeting | 28 September 2026 (2 announcements)

Edelweiss Financial Services held its 31st AGM on September 28, 2026 via video conference, adopting audited standalone and consolidated financial statements for FY2026, declaring a Rs. 1.50 per share dividend, and reappointing Ms. Vidya Shah as director. Mr. Ashok Kini resigned due to health reasons, and Mr. Rajiv Jalota was welcomed as a new independent director. The meeting concluded at 5.50 p.m. after e-voting.

Edelweiss Financial Services reported a 37% YoY rise in consolidated PAT to ₹547 crore for FY26, driven by robust growth in asset management and mutual fund businesses, while reducing consolidated net debt to ₹10,430 crore, a 7% YoY decline. The company highlighted strategic milestones including completed investments by WestBridge in mutual fund and Carlyle in Nido, with the Edelweiss Alternatives IPO on track for Q3FY27. Customer reach expanded to 14 million, up 31% YoY, reflecting broader franchise expansion. The presentation underscored the company's capital-light transformation, achieving 10x PAT growth and one-third the debt since 2019, positioning it for sustained long-term value creation through 15-20% intrinsic value CAGR.