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Money & Banking - Preferential Allotments
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HDFC Bank share allotment

Our Bureau

Mumbai, June 29 HDFC Bank Ltd has allotted 1.36 crore equity shares of the face value of Rs 10 each for cash at a premium of Rs 1013.49 per share to Housing Development Finance Corporation Ltd on preferential basis.

According to an information to the exchange, the bank said, consequent to above preferential allotment of equity shares, it has raised Rs 1,390 crore.

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