Sunil Singhania’s Abakkus Asset Manager Picks Up ₹64 Crore Stake in Edelweiss Financial via Block Deal
In a strategic move that signals renewed investor confidence in India’s financial services sector, Sunil Singhania-led Abakkus Asset Manager Private Ltd. has acquired equity shares worth ₹64 crore in Edelweiss Financial Services Ltd. through a block deal executed on August 26, 2025. The transaction involved the purchase of 64.3 lakh shares at ₹100 apiece, representing…