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Hinduja Ventures completes divestment of stake held on Hinduja Energy

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Capital Market

On 17 January 2017

Hinduja Ventures has divested 61147056 equity shares of Hinduja Energy (India) at a profit and fully realised the sales proceeds.

The Company had invested Rs 187.10 crore in 61147056 equity shares of Hinduja Energy (India) in November 2013. The Board of Directors at its meeting held on 26 October 2016 and 22 December 2016 has approved the divestment of the said shares of Hinduja Energy (India).

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First Published: Jan 17 2017 | 5:52 PM IST

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