Housing Development Finance Corporation (HDFC) has increased its stake in Andhra Cements Ltd by 3.21 per cent. With this, the equity of HDFC in Andhra Cements has gone up from 11.72 per cent to 14.93 per cent, the BSE was informed on Monday.
The mode of acquisition was done through invocation of pledge on April 21, and June 30, Mr Girish V Koliyote, Company Secretary, HDFC, said.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.