HDFC sells 2.46% stake in Hindustan Oil Exploration Co

HDFC sells 2.46% stake in Hindustan Oil Exploration Co

by admin- Thursday, July 8th, 2021 06:28:59 PM

Housing Development Finance Corporation has sold 1,forty eight,26,303 equity shares of Rs. 10 each held with the aid of the Corporation in Hindustan Oil Exploration Company Ltd (HOECL), the Corporation has sold 32,53,517 stocks representing 2.46% of the paid-up percentage capital of HOECL.

Post transaction, HDFC has reduced its stake in HOECL to eight.Seventy five% stake from eleven.21% held in advance.

The shares were sold in the secondary marketplace thru stock exchanges between 19 September 2017 and seven July 2021 (such as those dates) at the triumphing market fee, it added.

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