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

ALSO READ:L&T offers to buy 31% stake in Mindtree for Rs 5,030 crore While all the independent directors of the company will be members, the committee will be headed by the lead independent director.

ETRealty.com brings latest hdfc news, views and updates from all top sources for the Indian Real estate industry.. hdfc sells further 4.22% stake in Gruh Finance for Rs 899 crore.. HDFC has set a reserve price of Rs 245 crore for the fourth floor of the tower measuring 52,775sqft. The e.

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.