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Rashesh Shah raises stake in Edelweiss Financial Services to 17.5% with 1 crore share purchaseAccording to exchange data for the bulk and block deals, the shares were transacted at ₹118 each. Following the transaction, Shah’s individual holding in the non-banking finance company will increase to approximately 17.5%, while Ramaswamy’s stake will reduce to around 4.2%.By Jomy Jos Pullokaran  February 25, 2026, 2:10:23 PM IST (Updated)2 Min ReadRashesh Chandrakant Shah, Chairman of the Edelweiss Group, on Monday (February 23) acquired 1 crore shares, representing a 2.1% stake, in Edelweiss Financial Services Ltd from promoter Venkatchalam Arakoni Ramaswamy.

According to exchange data for the bulk and block deals, the shares were transacted at ₹118 each. Following the transaction, Shah’s individual holding in the non-banking finance company will increase to approximately 17.5%, while Ramaswamy’s stake will reduce to around 4.2%.

The company's net profit increased to ₹264 crore from ₹124.3 crore in the previous year. Its revenue surged to ₹4,404.4 crore from ₹1,898 crore in the year-ago period. Edelweiss said its alternative asset management witnessed a 33% increase in fee-paying assets under management (FPAUM) at ₹41,920 crore.

Also Read: Edelweiss Financial Services shares gain 7% post positive Q3 results, revenue rises to ₹4,404 crore

Its mutual fund business equity AUM surged 33% as well to ₹83,000 crore, and its SIP book crossed the ₹500 crore-mark after increasing 55% from the previous year. It disbursed MSME loans of ₹298 crore in the third quarter, up 5.7 times from the previous year, while its wholesale book reduced 34% to ₹2,400 crore.

The company's disbursements in housing finance increased 36% to ₹559 crore, while its AUM increased 21% to ₹4,804 crore. The gross written premium for general insurance increased 47% to ₹404 crore in the December quarter.

Edelweiss said it achieved record quarterly policy issuance of 2.54 lakh. In life insurance, the gross premium increased by 15% to ₹514 crore from the previous year, and AUM grew by 17% to ₹10,486 crore.

Also Read: Edelweiss Mutual Fund launches financial services–focused equity scheme

Shares of Edelweiss Financial Services Ltd ended at ₹123.00, up by ₹1.60, or 1.32%, on the BSE.Continue Reading(Edited by : Jomy Jos Pullokaran)First Published: Feb 23, 2026 11:06 PM ISTTagsEdelweiss Financial Servicesshare market today