Business Standard

HDFC acquires 9.12% stake in HDFC Credila for Rs 395 cr

Image

Capital Market
Housing Development Finance Corporation has completed the acquisition of 1,14,70,000 equity shares of Rs 10 each, representing 9.12% of the share capital of HDFC Credila on a fully diluted basis for a total consideration of Rs 395 crore and accordingly, HDFC Credila has become the wholly owned subsidiary of the Corporation.

Powered by Capital Market - Live News

Click here to connect with us on WhatsApp

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 12 2019 | 5:48 PM IST

Explore News