Housing Development Finance Corporation (HDFC) has executed definitive agreements for subscription of 6,068 equity shares of Bonito Designs (Bonito). While the shareholding of the Corporation translates to 3.86% of the total share capital of Bonito, it entitles the Corporation to 5.13% voting rights. The objective of acquisition is to financial investment.
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 | 661.45 |
Indiabulls Housing | 170.75 |
Housing & Urban Dev. | 228.10 |
PNB Housing Finance | 787.60 |
Can Fin Homes | 748.05 |
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