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IDFC sells entire stake in IDFC Securities

13 Jun 2020 Evaluate

IDFC, through its wholly owned subsidiary – IDFC Financial Holding Company (IDFC FHCL), has completed the transaction for sale of its 100% equity stake held in IDFC Securities. Pursuant to the definitive agreement, IDFC FHCL has received a consideration of Rs 86 crore for its 100 per cent shareholding.

IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.

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