Edelweiss Financial Services’ arm acquires entire stake in Everest
28th Aug 2020

Edelweiss Financial Services’ wholly owned subsidiary -- Edel Land has acquired 100% equity of Everest Securities & Finance (Everest) for a cash consideration of Rs 97.13 lakh for furtherance of its business activities.

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.