Edelweiss Financial Services Limited acted as sole Financial Advisor to ICRA Ltd

ICRA Techno Analytics Ltd. offers a complete portfolio of information technology (IT) solutions. Its services include process study, fitment analysis, customization implementation and post-implementation maintenance servicesStrategic Acquisition By Nihilent Technologies of the IT subsidiary of ICRA, a Moody’s company

1. Amongst the few non-core divestitures in FY17 in the public listed space
2. 1st non-core public listed IT/ITeS divestiture for FY17

Edelweiss Financial Services

Advised in the sale of

ICRA Techno Analytics (ICTEAS)

to

Nihilent Technologies

Technology, Media, and Telecom

MidCap Alliance