Business Standard

HDFC Ltd divests 1% stake in Ansal Housing for nearly Rs 49 lakh

Housing finance major HDFC Ltd on Tuesday divested 1 per cent stake in real estate company Ansal Housing & Construction Ltd through an open market transaction.

Govt gears up for divestment drive

Illustration: Ajay Mohanty

Press Trust of India New Delhi

Housing finance major HDFC Ltd on Tuesday divested 1 per cent stake in real estate company Ansal Housing & Construction Ltd through an open market transaction.

According to bulk deal data available with the NSE, Housing Development Finance Corporation Ltd (HDFC) sold a total of 5,74,726 shares, amounting to 0.96 per cent stake of Ansal Housing Ltd.

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The shares were offloaded at an average price of Rs 8.47 apiece, valuing the transaction at Rs 48.67 lakh.

The scrip of Ansal Housing closed 2.53 per cent lower at Rs 7.70 apiece on the NSE.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 19 2022 | 10:02 PM IST

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