Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform you that a meeting of the Debenture Fund Raising Committee of the Board of Directors of Edelweiss Financial Services Limited ('Company' or 'Issuer') was held on September 26, 2022, wherein the Debenture Fund Raising Committee has inter alia considered and approved the public issue by the Company of secured, redeemable, non-convertible debentures of face value of ?1,000 each ('NCDs') for an amount up to ?2000 million ('Base Issue Size') with an option to retain oversubscription up to ?2000 million, aggregating up to ?4000 million ('Tranche II Issue Limit')(' Tranche II Issue'), which is within the shelf limit of ?10,000 million.