HDFC sells Reliance Infra shares worth over Rs 43 crore
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Last Updated: May 25, 2021, 04:10 PM IST
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The corporation has further sold 81,05,677 shares representing 3.08 per cent of the share capital of Reliance Infrastructure, HDFC said in a regulatory filing on Tuesday.
The mortgage lender sold the shares of Reliance Infra between May 18- 24, 2021 (including these dates) through stock exchanges in the secondary market.
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NEW DELHI: The country s largest mortgage lender HDFC Ltd has sold further shares of
Reliance Infrastructure worth over Rs 43 crore, which were held by it through the invocation of pledged shares.
The corporation has further sold 81,05,677 shares representing 3.08 per cent of the share capital of Reliance Infrastructure, HDFC said in a regulatory filing on Tuesday.
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Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Atul P.M. and here are the top headlines at this hour.
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Firms/companies > R > Reliance Industries
Reliance Infra sells its Mumbai headquarters to Yes Bank for Rs1,200 cr in debt redumption
05 April 2021
The Anil Ambani-led Reliance Infrastructure has sold Reliance Centre, the premises housing the group’s headquarters, to Yes Bank for Rs1,200 crore as part of a debt repayment process.
Reliance Infrastructure Limited (RInfra) and Yes Bank Limited (Yes Bank) on Thursday announced the sale transaction of Reliance Centre, Santacruz, Mumbai to Yes Bank. The transaction value is Rs 1,200 crore, Reliance said in a stock exchange filing.
“Entire proceeds from the sale of Reliance Centre, Santacruz, is utilized only to repay the debt of Yes Bank”, as per the stock exchange filing.