HDFC sells further 4.22% stake in Gruh for Rs 899 crore

HDFC sells further 4.22% stake in Gruh for Rs 899 crore. The sale of 3,10,00,000 equity shares representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at the prevailing market price, HDFC said in a regulatory filing.

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DHFL promoters look to sell half of their stake for $1 billion; HDFC sells further 4.22% stake in Gruh Finance for Rs 899 crore; Wadhwa Group plans investments of Rs. 2200 crore in Wadhwa Wise City; Blackstone buys majority stake in Aadhar Housing Finance for Rs 2,200 crore; Jaypee Infratech home buyers may stop paying EMIs

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The company reported strong 12.7% jump in FMCG business. Further, a 12.8% revenue growth in Agri businesses was encouraging as the business reported growth in the second consecutive quarter after.

HDFC sells further 4.22% stake in Gruh for Rs 899 crore The corporation is a shareholder of Gruh is entitled to 14.96% stake post-amalgamation, based on the share exchange ratio Business

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HDFC sells further 4.22% stake in Gruh for Rs 899 crore Why you should be happy crushing risk than chasing ephemeral high returns Hydrogen is the fuel of the future, for real this time: IEA

– Per. of shares (as a % of the total sh. of prom. and promoter group) 32.34 32.34 72.69 – Per. of shares (as a % of the total Share Cap. of the company) 0.71 0.71 19.59 – Per. of shares (as a % of.

NEW DELHI: Mortgage lender HDFC Friday said it has sold over 4.22% stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for 899.43 crore.