HDFC sells further 4.22 pc stake in Gruh for Rs 899 crore

Housing Development Finance Corporation (HDFC) on Friday said that it has sold 3.1 crore shares or 4.22 percent stake in Gruh Finance for Rs 899.43 crore. Shares of Gruh Finance slumped 7.5.

Private sector lender Yes Bank Tuesday said it has acquired eight crore shares in electric equipment maker CG Power and Industrial Solutions which were pledged to it by a borrower. The acquired shares represent 12.79 percent ownership in the company and will be valued at Rs 292.56 crore as per the Tuesday’s close.

HDFC sells further 4.22% stake in Gruh for Rs 899 crore – The corporation is a shareholder of Gruh is entitled to 14.96% stake post-amalgamation, based on the share exchange ratio

LIVE discussion about GRUH share price and GRUH technical and fundamental views, important levels, news and forecasts

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Gruh Finance plunges 7% as HDFC reduces stake MoneycontrolGruh Finance tanks 7% on block deals; HDFC likely seller, blackstone buyer economic timesgruh finance falls 7.5% after report of promoter stake sale LivemintGruh Finance plunges 7% as HDFC reduces stake moneycontrolhdfc sells further 4.22% stake in Gruh for Rs 899 crore Economic TimesView full coverage on Google News from Top stories.

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. rose by.

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. rose by.

Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc – Times of India Corporation bank cuts 1-yr MCLR by 5 bps to 8.85 pct Corporation Bank’s tenor based MCLR, for all new rupee loans and advances including renewals, is revised with effect from June 15 2019. Banks have started to cut MCLR post RBI’s move to slash repo rate by 25 basis points on June 6.

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. rose by.

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