HDFC approves amalgamation of 5 subsidiaries into itself

Mortgage lender HDFC Ltd on Wednesday cleared the merger of five subsidiaries with itself, subject to various regulatory approvals.

HDFC approves amalgamation of 5 subsidiaries into itself

New Delhi: Mortgage lender HDFC Ltd on Wednesday cleared the merger of five subsidiaries with itself, subject to various regulatory approvals.

HDFC has granted in-principle approval for the amalgamation of Grandeur Properties, Haddock Properties, Winchester Properties, Pentagram Properties and Windermere Properties into itself, the company said in a statement.

All these companies are wholly owned subsidiaries of the HDFC, it said.

The said amalgamation is subject to various regulatory approvals as applicable, it said. 

 

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link

Close