HDFC acquires further stake in HDFC ERGO,
Housing Development Finance Corporation has today acquired 36,42,290 equity shares of HDFC ERGO representing 0.5097% of its total issued and paid-up share capital from ERGO International AG, the other promoter of HDFC ERGO. Post the said acquisition, the Corporation holds 50.50% of the total paid-up share capital of HDFC ERGO. Accordingly, HDFC ERGO has become a subsidiary of the Corporation. Powered by Capital Market - Live News
HDFC acquires 5.46% stake in Xanadu on conversion of debentures,
Housing Development Finance Corporation has on 28 June 2023 acquired 612 equity shares of Xanadu Realty (Xanadu) representing 5.46% of its paid-up equity share capital upon conversion of 938 compulsorily convertible debentures held by it in Xanadu. Xanadu is inter alia engaged in sales, marketing and project management consulting services for real estate. Xanadu advises and assists real estate developers in providing strategic sales related and go-to-market guidance, and marketing operations services to garner their business and assist them in the market launch in respect of their real estate projects planning, visualization and quality delivery.Powered by Capital Market - Live News
HDFC acquires further 1.69% stake in HDFC Life,
HDFC has acquired 3,62,22,213 equity shares of HDFC Life representing 1.69% of the total issued and paid�]up share capital from secondary market between 26 June 2023 and 28 June 2023. Post the said acquisition, HDFC holds 50.33% of the total paid�]up share capital of HDFC Life and thus HDFC Life has now become a subsidiary of HDFC. Powered by Capital Market - Live News
HDFC allots 73,051 equity shares,
Housing Development Finance Corporation has allotted 73,051 equity shares pursuant to exercise of stock options and exercise of warrants. Post the above allotment, the paid-up share capital of the Corporation is Rs. 370,27,72,566 consisting of 1851386283 equity shares of Rs. 2 each. Powered by Capital Market - Live News
HDFC completes sale if its entire stake in Savoir Trustee,
Housing Development Finance Corporation has completed the divestment of its entire stake in Savoir Trustee (STL) on 22 June 2023. Accordingly, STL has ceased to be a subsidiary of the Corporation. Powered by Capital Market - Live News
Subscribe for our
newsletter
newsletter