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

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In May, HDFC sold 6.1 percent stake in Gruh Finance for Rs 1,327.89 crore to meet the RBI directive. "In view of this, the corporation is required to sell such number of shares in Gruh so as to be entitled to 9.9 percent of the post amalgamation paid-up capital of Bandhan.

Housing Development Finance Corporation has sold another 4.22 per cent stake in Gruh Finance (Gruh), in line with the directions of the Reserve Bank of India following the merger of the housing.

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.

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He further said that connecting all the stakeholders through a common system would ensure data integrity, reliability and transparency in the traffic management.. hdfc bank, Zubair Iqbal for collaborating with transport department for the execution of this project.. HDFC sells further 4.22% stake in Gruh for Rs 899 crore. National News.

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

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HDFC MF SAI – dated June 28, 2019 2 “depository Participant” or “dP” A person registered as such under sub-section (1A) of section 12 of the Securities and Exchange Board of India Act, 1992. “derivative” Derivative includes (i) a security derived from a debt instrument, share, loan whether secured or unsecured, risk instrument or contract for differences or any

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.

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