Business Standard

Sunday, December 22, 2024 | 04:58 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

HDFC Bank proposes to raise funds and make preferential issue to HDFC

Image

Capital Market

Board to consider proposal on 20 December 2017

HDFC Bank proposes to raise funds by issue of equity shares/ depository receipts and other securities including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs) program, preferential allotment or such other methods or combinations as may be decided, as well as a preferential issue to Housing Development Finance Corporation. The Board will consider the proposal on 20 December 2017.

Powered by Capital Market - Live News

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 14 2017 | 8:00 PM IST

Explore News