Credit Suisse (Singapore) has offloaded 20.96 lakh shares of real estate firm Housing Development & Infrastructure (HDIL). The company has sold the same at an average price of Rs 114.67 per share taking the deal size to Rs 24 crore.
HDIL is a real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).