GRUH Finance Limited, a listed housing finance company, by its promoter, Housing Development Finance Corporation Limited, has made a ₹8.99 billion bulk deal sale of 31 million equity shares representing 4.22% of the equity share capital on the BSE and the NSE. The sale was conducted in connection with the proposed amalgamation of GRUH Finance Limited into Bandhan Bank Limited, according to BSE and NSE filings.
S&R Associates advised
AZB & Partners advised
2019-06-14
Deal value: ₹8.99 billion
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