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Edelweiss Financial Services intimates on FIPB approval for Edelweiss Tokio Life Insurance

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Capital Market
Last Updated : Aug 26 2015 | 12:05 AM IST

To increase foreign equity from 26% to 49%

Edelweiss Financial Services announced that Edelweiss Tokio Life Insurance, a subsidiary of Edelweiss Financial Services (the Company), has been granted approval by the Foreign Investment Promotion Board (FIPB) for increase in foreign equity from 26% to 49% of the paid up capital.

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First Published: Aug 25 2015 | 7:11 PM IST

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