Rashesh Shah promoted Edelweiss Financial Services on Thursday trimmed its holding by divesting a 7.14 per cent stake through an open market transaction in Nuvama Wealth Management for Rs 1,759 crore.

Edelweiss Financial Services recorded a 2% YoY rise in net profit for the Oct-Dec quarter of FY2024-25. The board also approved plans to raise ₹1,000 cr via a public issue of NCDs. Company ...