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

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HDFC sells 4.22% stake in Gruh for Rs 899 cr news and related update by Economic Times. Housing Development Finance Corporation Ltd. is trading above all available SMAs. As revenues near 40,000 crore, HUL is in reinvention mode.

NEW DELHI, June 14: mortgage lender hdfc friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore. The sale of 3,10,00,000 equity shares representing 4.22 of the issued and paid-up share capital.

HDFC sells another 4.22% stake in Gruh Finance for Rs 899 crore The sale was carried out through stock exchanges at the prevailing market price. The average price was at Rs 290.14 per equity share.

HDFC sells further 4.22% stake in Gruh Finance for Rs 899 crore. Mortgage lender HDFC Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore.

HDFC sells further 4.22% stake in Gruh Finance for Rs 899 crore 3 weeks ago By NBM Team NEW DELHI: Mortgage lender HDFC on Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore.

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HDFC sells another 4.22% stake in Gruh Finance for Rs 899 crore The sale was carried out through stock exchanges at the prevailing market price. The average price was at Rs 290.14 per equity share.

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

New Delhi, Jun 14 Mortgage lender HDFC Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43.

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In 2017-18, ITC and its subsidiaries had earned Rs 4,189 crore in foreign. shares representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at the.