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

 · The Gruh Finance stake sale earned HDFC Rs 899.43 crore. In May, HDFC sold 6.1 percent stake in Gruh Finance for Rs 1,327.89 crore to meet the RBI directive. On Friday, HDFC shares fell 0.97 percent to Rs 2,175.75 crore apiece on the BSE while Gruh Finance’s shed 5.40 percent to.

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.

HDFC sells further 4.22% stake in Gruh Finance for Rs 899 crore. allied-industries HDFC sells 6.1% in subsidiary Gruh Finance to comply with RBI directive .. (PNB) and private equity investor Carlyle Group, which almost equally own a 66% stake, hired investment bankers to sell the housing finance company in a $2.25-billion deal.

 · HDFC Sells Further 4.22% Stake In Gruh Finance For 899 Cr India’s Forex Exchange Reserves Increased By $1.686 Billion To $423.554 Billion.

First Financial Corp (THFF) Receives Consensus Recommendation of “Hold” from Brokerages First Financial Corp. operates as a financial holding company, which is engaged in the provision of providing financial services. It also offers services including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services.

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. the.

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.

 · HDFC sells 4.22% stake in Gruh Finance for Rs 899 cr; shares of both companies decline Business Press Trust of India Jun 14, 2019 17:19:15 IST New Delhi: Mortgage lender HDFC on Friday said it has sold over 4.22 percent 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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 · Electrical switch maker Salzer Electronics buys 72.32% stake In Kaycee HDFC sells 6.1% in subsidiary Gruh to comply with RBI directive Grasim Industries Q4 net profit at 1,531.86 crore Bata India Q4 profit jumps 69.47% to 88.26 crore Ashok Leyland Q4 net dips 12% at 653 crore

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HDFC to buy 51.2% in Apollo Munich Health for 1,347 crore Business Line. Will later merge firm with general insurance arm hdfc ergo. hdfc sells 4.22% stake in Gruh for Rs 899 cr. Housing Development Finance Corporation Ltd – 500010 – Announcement under Regulation 30.