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SEBI approves WestBridge Capital's stake in Edelweiss subsidiaries

after close1 source ↓written by the desknot a recommendation

15% equity stakes
dated
11 Nov 2023

The Securities and Exchange Board of India (SEBI) has approved WestBridge Capital's acquisition of up to 15% equity stakes in Edelweiss Asset Management and Edelweiss Trusteeship Company. This regulatory approval, dated 11 Nov 2023, is a significant step towards finalizing the transaction, enhancing WestBridge's influence in the financial services sector. 📈

• Acquiring Affiliates: Setu AIF Trust, Konark Trust, MMPL Trust

• Regulatory Compliance: SEBI Mutual Fund Regulations, 1996

This move may bolster investor confidence in Edelweiss's subsidiaries.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Nov 2025, 16:04 IST.

Sourcesnews.google.com

The market after the news

EDELWEISS closed −0.5% on the day of the news, from ₹116.92 to ₹116.39; Nifty +0.1% over the same session.

Bulletin at 16:04 IST on 13 Nov 2025. Every change is measured from ₹116.92, the last close before it, on 13 Nov. Nifty 50 is measured over the same sessions.

  • EDELWEISS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
EDELWEISS closes around the bulletin against the close before the news, with Nifty 50 rebased to it97.18116.92136.66axis spans 41%before the news · 13 Nov116.92Nifty 50EDELWEISSbulletinD0+1+3+57 Nov19 Nov28 NovReference close ₹116.92. 16 sessions from 7 Nov to 28 Nov; the price axis spans 41 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before13 Nov₹116.92basebase
On the day14 Nov₹116.39▼ −0.5%▲ +0.1%−0.6 pp difference
+1 session17 Nov₹117.05▲ +0.1%▲ +0.5%−0.4 pp difference
+3 sessions19 Nov₹116.31▼ −0.5%▲ +0.7%−1.2 pp difference
+5 sessions21 Nov₹111.69▼ −4.5%▲ +0.7%−5.2 pp difference
Gap at the open, % · ₹
0.0%0.00 on 14 Nov
Day's range, % · ₹
4.7%≈ 5.5 high to low
Volume on the day
1.11×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · EDELWEISS on the desk →

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