India’s Edelweiss Finance approves up to Rs. 40 billion debentures

By Tanya Meyer

Chicago, Jan. 21 – Edelweiss Finance & Investments Ltd. informed the Bombay Stock Exchange that its board of directors on Jan. 19 approved the issuance of up to Rs. 40 billion in non-convertible debentures.

The debentures will be issued in one or more tranches on a private placement basis, according to a news release.

Edelweiss Finance & Investments is a Mumbai, India-based provider of credit, financial markets and asset management, life insurance and commodities services.

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