HDFC Bank updates on sale of stake in Indraprastha Medical Corporation Ltd

Out of 70,55,580 equity shares of Rs. 10 each held by erstwhile HDFC Ltd., as on December 27, 2015 in Indraprastha Medical Corporation Limited ("Indraprastha"), HDFC Ltd. sold 9,08,683 shares (representing 0.99% of the share capital of Indraprastha) between December 28, 2015 and March 18, 2016 (both days inclusive) and

after the effective date (July 1, 2023) of the merger of HDFC Ltd. with and into HDFC Bank Limited (the "Bank"), the Bank sold 11,15,000 shares (representing 1.22% of the share capital of Indraprastha). Thus, the aggregate stake sale is 2.21% of the share capital of Indraprastha.

Indraprastha Medical Corporation Limited is promoted by the Govt. of National Capital Territory of Delhi and Apollo Hospitals. It operates two hospital facilities: one based out of New Delhi and one based out of Noida.

Shares of HDFC Bank Limited was last trading in BSE at Rs. 1408.15 as compared to the previous close of Rs. 1420.55. The total number of shares traded during the day was 746867 in over 37584 trades.

The stock hit an intraday high of Rs. 1424.25 and intraday low of 1404.10. The net turnover during the day was Rs. 1056691481.00.

Shares of Indraprastha Medical Corporation Limited was last trading in BSE at Rs. 186.05 as compared to the previous close of Rs. 188.05. The total number of shares traded during the day was 7622 in over 105 trades.

The stock hit an intraday high of Rs. 192.50 and intraday low of 185.00. The net turnover during the day was Rs. 1438005.00.

Source : Equity Bulls

Keywords

HDFCBank INE040A01034 GDV StakeSale IndraprasthaMedicalCorporation INE681B01017