 "edelweiss financial services")
Shares of Edelweiss Financial Services surged 12 per cent to Rs 173 apiece on the BSE in early morning trade, extending its previous day’s 10 per cent gain after the company said Canadian fund plans to invest about Rs 1,800 crore in ECL Finance.
Canadian pension fund manager CDPQ has signed an agreement to invest over Rs 1,800 crore (approximately US$250 million) in ECL Finance, the non-banking financial company (NBFC) arm of Edelweiss Group. The planned investment by CDPQ would contribute towards establishing a large and diversified credit platform in India. This proposed investment will close after customary regulatory
Canadian pension fund manager CDPQ has signed an agreement to invest over Rs 1,800 crore (approximately US$250 million) in ECL Finance, the non-banking financial company (NBFC) arm of Edelweiss Group. The planned investment by CDPQ would contribute towards establishing a large and diversified credit platform in India. This proposed investment will close after customary regulatory
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