Housing Development Finance Corporation (HDFC) has concluded the sale of 24,85,956 equity shares of Rs 10 each, representing 5.1% of the equity capital of Computer Age Management Services (CAMS) to Great Terrain Investment, Mauritius at a price of Rs 681.91 per equity share, aggregating to a consideration of Rs 169.52 crore. Post sale, the company would continue to hold 5.99% of the equity capital of CAMS.
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.
