Housing Development Finance Corporation (HDFC) has entered into a Share Subscription agreement (SSA) along with HDFC Capital Advisors (HCAL), subsidiary of the Corporation for acquisition of 20 equity shares (including 10 equity shares by HCAL) and 1,349 compulsorily convertible cumulative participating preference shares (including 370 compulsorily convertible cumulative participating preference shares by HCAL) of Satsure Analytics India (Satsure) representing 7.4% of its paid-up share equity capital on a fully diluted basis, at an aggregate consideration of Rs 17.98 crore (which includes consideration of Rs 4.99 crore by HCAL).
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.
Company Name | CMP |
---|---|
LIC Housing Finance | 629.70 |
Indiabulls Housing | 155.05 |
Housing & Urban Dev. | 214.05 |
PNB Housing Finance | 739.15 |
Can Fin Homes | 738.75 |
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