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HDFC Investments divest 19 9% stake in India Asset Recovery Management

Housing Development Finance Corporation announced that HDFC Investments(HIL ), a wholly-owned subsidiary of the Corporation has sold 7,960 equity shares of India Asset Recovery Management (IARM), a company situated in Mauritius, representing 19.9% of the equity share capital of IARM for a cash consideration of USD 129,663.23. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, a

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