Housing Development Finance Corporation (HDFC) has completed the sale of 10,00,000 equity shares of Rs 10 each of HDFC Property Ventures (HPVL) and 5,00,000 equity shares of Rs 10 each of HDFC Venture Capital (HVCL), wholly owned subsidiaries of the Corporation, to Vividh Distributors and its nominees, for a consideration amount of Rs 1.20 crore and Rs 0.30 crore respectively. Accordingly, HPVL and HVCL have ceased to be subsidiaries of the Corporation.
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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