HDFC is planning to sell 24.48% stake in Good Host for Rs 232.81 crore
Thu, Jan 21, 2021 10:40 AM

HDFC is planning to sell 24.48% stake in Good Host for Rs 232.81 crore

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HDFC Ltd has signed an agreement to sell its 24.48% stake in Good Host, a company engaged in the business of managing student housing facilities, for Rs 232.81 crore. The mortgage lender has today entered into a share purchase agreement for the sale of 47,75,241 equity shares of Re 1 each, representing 24.48% of the issued and paid-up share capital of Good Host.

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