Housing Development Finance Ltd (HDFC) has invoked a pledge of 50, 00,000 shares or 8.42% of the share capital of New Delhi-based real estate company, Ansal Housing.
Ansal Housing is in the business of construction and development of residential townships and commercial complexes. The company had a turnover of ₹139.03 crore in financial year 2020-21 and a net loss of ₹44 crore.
In a stock exchange filing on Wednesday, Ansal Housing said, “pledge against 50, 00,000 equity share of ₹10 each has been invoked by HDFC”. Post invocation, promoter shareholding will come down to 31.7 per cent.
Amongst the promoters and promoter-group members, shareholding of Deepak Ansal and Global Consultants and Designers Private Ltd have gone down by over five and three per cent respectively.
Over 40 land deals were recorded in the Delhi-NCR micro-market, with Gurugram contributing to 60%…
As a young professional, building a strong financial foundation early in your career can set…
In recent years, ESG (Environmental, Social, and Governance) has become a critical framework for evaluating…
In recent years, the demand for premium housing has seen a significant rise among millennials,…
Data reveals that the Indian real estate sector attracted $4.3 billion (Rs 35,600 crore) in…
India’s real estate market is undergoing a profound transformation, with Tier-2 and Tier-3 cities emerging…
This website uses cookies.