Housing Development Finance Corporation’s (HDFC) wholly-owned subsidiary -- HDFC Investments has entered into an agreement to sell 34,146 equity shares of Rs 10 each of Softcell Technologies Global (Softcell), representing 2.05% the total paid-up equity share capital of Softcell. Post the proposed sale, HDFC Investments would hold 1,65,735 equity shares of Rs 10 each representing 9.95% of its paid-up share capital.
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.
