Held on 19 December 2017
Housing Development Finance Corporation announced that the Board of Directors of the Company at its meeting held on 19 December 2017 have approved the following -Subscription to the securities offered by HDFC Bank on preferential basis up to an amount not exceeding Rs 8500 crore.
Increase in authorised share capital of the corporation to Rs 370 crore from Rs 350 crore and consequential change to the MoA.
Raising of funds through issue of securities up to an aggregate amount of Rs 13000 crore.
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