HDFC to fully acquire venture capital arm by buying shares from SBI - Economic Times
7/29/2022 12:00:00 AM3 years 7 months ago
by PTI
by PTI
The Corporation on July 29, 2022 entered into a share purchase agreement (SPA) with SBI for acquisition of 97,500 equity shares of HVCL representing 19.50 per cent of its paid-up share equity capital, at a consideration of Rs 10 per share, HDFC said in a reg…
New Delhi: HDFC on Friday said it will acquire its venture capital subsidiary HVCL by buying out State Bank of India's 19.5 per cent stake in the company. The (HDFC) holds 80.50 per cent equity share… [+719 chars]
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