Business Standard

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

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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.

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

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