Hinduja Ventures to hike stake in Hinduja Leyland Finance

From 5.23% to 5.66%

Hinduja Ventures has entered into a Share Purchase and Shareholders Agreement dated 15 November 2017 with EVERFIN HOLDINGS, shareholder of Hinduja Leyland Finance (HLFL), for acquisition of 18,73,917 equity shares of Rs. 10/- each constituting 0.43% in the paid-up share capital of HLFL at a price of Rs. 110/- per share. Consequent to the above, the Company's shareholding in HLFL will increase from 5.23% to 5.66% at an average price of Rs. 26.98/- per share.

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