Edelweiss Financial Services Ltd. — Capital/Financing Update 2021

Dec 31, 2021

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EW/Sec/2021/223

December 31, 2021

BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051. Scrip Code:- 532922 Symbol:– EDELWEISS

Dear Sir/Madam,

Sub: Disclosure under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015

We would like to inform you that Edelweiss Rural & Corporate Services Limited, a wholly owned subsidiary of the Company, has acquired 12.33% - Compulsorily Convertible Preference Shares of Allium Finance Private Limited, in its existing subsidiary and, in turn of the Company. Kindly refer the annexure for further information.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Edelweiss Financial Services Limited

Digitally signed by TARUN TARUN KHURANA KHURANA Date: 2021.12.31 16:29:37 +05'30' Tarun Khurana Company Secretary

Encl.: as above

Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 22 4009 4400 Fax: +91 22 4019 4890 Email: cs@edelweissfin.com Website: www.edelweissfin.com

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Annexure

Name of the target entity, details in brief such as size,turnover etc.	Allium Finance Private Limited (Allium) is anexisting subsidiary of Edelweiss Rural &Corporate Services Limited (ERCSL), a whollyowned subsidiary of the Company.During the financial year ended March 31,2021, Allium had earned revenue of Rs. 9.63crores and profit of Rs. 6.71 crores.
Whether the acquisition would fall within relatedparty transaction(s) and whether the promoter/promoter group/ group companies have any interestin the entity being acquired? If yes, nature of interestand details thereof and whether the same is done at“arms-length”	No
Industry to which the entity being acquired belongs	Non-Banking Finance Company
Objects and effects of acquisition (including but notlimited to, disclosure of reasons for acquisition oftarget entity, if its business is outside the main line ofbusiness of the listed entity)	ERCSL holds 46.13% in the equity sharecapital and 58.67% of the CompulsorilyConvertible Preference Shares (CCPS) ofAllium.ERCSL has further acquired 12.33% of theCCPS of Allium. Consequently, ERCSL nowholds 71% of the CCPS of Allium.
Brief details of any governmental or regulatoryapprovals required for the acquisition	Not applicable
Indicative time period for completion of theacquisition	Not applicable
Nature of consideration - whether cash considerationor share swap and details of the same	The consideration was discharged in cash
Cost of acquisition or the price at which the shares areacquired	Consideration - Rs. 11.36 Crores
Percentage of shareholding/control acquired and/ornumber of shares acquired	12.33% of the Compulsorily ConvertiblePreference Capital of Allium.

Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 22 4009 4400 Fax: +91 22 4019 4890 Email: cs@edelweissfin.com Website: www.edelweissfin.com

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Brief background about the entity acquired in terms Allium was incorporated on March 18, 2008 of products/line of business acquired, date of and is registered with the Reserve Bank of incorporation, history of last 3 years turnover, India as Non-Banking Finance Company. country in which the acquired entity has presence and any other significant information (in brief). During the financial year ended March 31, 2021, March 31, 2020 and March 31, 2019, Allium had turnover of Rs. 9.63 crores, Rs. 10.77 crores and Rs. 23.94 crores respectively.

Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 Registered Office: Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400 098 Tel No.: +91 22 4009 4400 Fax: +91 22 4019 4890 Email: cs@edelweissfin.com Website: www.edelweissfin.com