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.