Housing Development Finance Corporation’s (HDFC) subsidiary -- HDFC Capital Advisors (HCAL) has entered into a Share Subscription Agreement on March 16, 2023 for acquisition of 3,59,436 Compulsorily Convertible Preference Shares (CCPS) of Enviro.
Investment in Enviro is proposed to be made by HCAL under its H@ART initiative programme to invest in technology companies for the benefit of the real estate ecosystem. A binding share subscription agreement in relation to such proposed investment has been entered into 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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