Housing Development Finance Corporation (HDFC) has further sold 13,84,664 shares representing 2.33% of the paid-up share capital of Ansal Housing (Ansal), which includes sale of 11,65,400 shares representing 1.96% of the paid-up share capital of Ansal done on October 7, 2021.
Earlier, the company has invocated 46,20,000 shares of Ansal Housing (Ansal) aggregating 7.78% of its paid-up share capital by the company, for recovery of part outstanding dues against loans availed by pledgers/borrowers.
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.
