Housing Development Finance Corporation
Recent events
Recent events tied to this brand in public sources.
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2021
HDFC launches green and sustainable deposits
HDFC said it had launched green and sustainable deposits in India. The deposits are directed toward financing green and sustainable housing credit solutions and services.
2021
Migsun Group announces acquisition of Ansal IT City Park stakes
Migsun Group announced that it would acquire HDFC's 37% stake and Ansal Properties & Infrastructure's 66.24% stake in Ansal IT City Park (SEZ) Tech Zone in Greater Noida. The transaction was subject to regulatory approvals; the article says Migsun Group would have a 100% stake after the acquisitions.
2020
Migsun announces acquisition of stakes in Ansal IT City Park
Migsun Group announced the acquisition of HDFC’s and Ansal API’s stakes in Ansal IT City Park in Greater Noida. The announcement states that Migsun will hold a 100% stake after acquiring HDFC’s 37% stake and the remainder from Ansal API.
2020
HDFC launches a ₹14,000 crore QIP
HDFC launched a qualified institutional placement at a floor price of ₹1,838 per share. The company said it would use part of the fresh capital for inorganic opportunities and investments in existing group businesses.
2020
HDFC acquired pledged shares in Reliance Capital, Reliance Infrastructure and Reliance Power
HDFC acquired stakes in Reliance Capital, Reliance Infrastructure and Reliance Power after Axis Trustee Services invoked pledged shares on the Corporation's behalf. The acquisitions took place on March 26, 2020.
2020
HDFC completes acquisition of Apollo Munich Health Insurance stakes
Housing Development Finance Corporation completed its acquisition of a 50.80% stake held by Apollo Hospital Group and a 0.36% employee-held stake in Apollo Munich Health Insurance for a total of Rs 1,495.81 crore.
2020
Apollo Munich renamed HDFC ERGO Health Insurance
Following regulatory approvals, Apollo Munich Health Insurance was renamed HDFC ERGO Health Insurance and would operate as a subsidiary of HDFC.