HDFC sells further 4.22% stake in Gruh for â¹899 crore
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24. HDFC sold over 4.22% stake in housing finance subsidiary gruh finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for INR 899.43 crores. 25. Health insurer Max Bupa partnered with fintech platform MobiKwik to promote Micro health insurance products for.
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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.
NEW DELHI: Mortgage lender HDFC Friday said it has sold over 4.22% stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for 899.43 crore.
· Mortgage major HDFC Wednesday announced acquisition of majority stake in Apollo Munich Health Insurance from the Apollo Hospitals Group HDFC sells further 4.22% gruh finance Ltd (Gruh) stake for.
· HDFC sells another 4.22% stake in Gruh Finance for Rs 899 crore bengal child rights body claims children Dying Due To Doctors’ Strike Russia’s Putin Gives China’s Xi.
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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HDFC had sold 6.10 per cent stake Gruh earlier in May.. sold certain additional shares of Gruh – 3,10,00,000 equity shares representing. apiece, while Bandhan Bank's scrip fell 1.56 per cent and closed at 536.90 apiece.
GRUH Finance fell 0.42%. The companys net profit rose 0.46% to Rs 115.64 crore on 18.19% increase in total income to Rs 532.97 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 25 July 2019.
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