Further, ICRA has re-affirmed the credit rating of AA to the Non-convertible Debentures Programme of Rs 466 crore of the company and, revised the outlook from stable to negative. As of date, no debt is outstanding pursuant to this rating and, accordingly, the rating remains unutilized.
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments – agency business and holding company activities.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.