Housing Development Finance Corporation (HDFC) has offloaded 1,90,11,237 equity shares representing 2.18% of the paid-up share capital of Siti Networks (Siti). Post this transaction, HDFC would hold 7,53,74,763 equity shares of Rs 1 each of Siti representing 8.64% of its paid-up share capital.
SITI Networks is a part of the Essel Group, which is one of India's leading business houses with a diverse portfolio of assets in media, packaging, entertainment, technology-enabled services, infrastructure development and education.
