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Housing Development Finance Corporation informs about press release

20 Jun 2023 Evaluate

In furtherance to its earlier intimation dated June 19, 2023 informing that the Corporation has executed definitive documents on June 19, 2023 for proposed disinvestment/ sale of approximately 13,29,49,207 equity shares of HDFC Credila representing approximately 90% of HDFC Credila’s total issued and paid-up share capital as on date, to the Kopvoorn B.V., Moss Investments, Defati Investments Holding B.V. and Infinity Partners (the ‘Proposed Transaction’), subject to regulatory approvals and dispensations (including the RBI and Competition Commission of India) in connection with the Proposed Transaction and continuation of HDFC Credila’s business. In this regard, Housing Development Finance Corporation has informed that it enclosed a press release issued titled ‘BPEA EQT And ChrysCapital to Acquire 90% Stake In HDFC Credila In India’s Largest Ever Private Equity Buyout Transaction In The Financial Services Sector’.

The above information is a part of company’s filings submitted to BSE.

HDFC-Amalgamated Share Price

2729.95 0.00 (0.00%)
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