Stock

HDFC sells 95 lakh shares in Reliance Capital

Our Bureau Mumbai | Updated on June 09, 2021

Housing Development Finance Corporation (HDFC) Ltd has sold 95 lakh shares comprising a 3.76 per cent stake in Reliance Capital.

The shares were sold in the open market on June 3, June 4, and June 8, Reliance Capital said in a regulatory filing on Wednesday.

Before the stake sale, HDFC held a 6.43 per cent stake in Reliance Capital, which has now come down to 2.67 per cent.

HDFC had acquired the shares in Reliance Capital in April last year following the invocation of pledged shares through its trustees.

Published on June 09, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.