HDFC Bank gains on executing agreements to acquire 9.54% stake in Perfios Account Aggregation Services
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HDFC Bank is currently trading at Rs. 1349.40, up by 3.75 points or 0.28% from its previous closing of Rs. 1345.65 on the BSE.
The scrip opened at Rs. 1330.25 and has touched a high and low of Rs. 1350.75 and Rs. 1330.25 respectively. So far 250526 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1724.30 on 18-Oct-2021 and a 52 week low of Rs. 1271.75 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1375.90 and Rs. 1318.30 respectively. The current market cap of the company is Rs. 749392.48 crore.
The promoters holding in the company stood at 25.78%, while Institutions and Non-Institutions held 60.33% and 13.89% respectively.
HDFC Bank has executed agreements on June 28, 2022 to subscribe to 8,05,520 fully paid up Equity Shares of face value of Rs. 10 each at a premium of Rs. 40 per Equity Share to be issued by Perfios Account Aggregation Services (PAASPL) for a consideration of Rs. 50 per Equity Share. Post investment, HDFC Bank will hold 9.54% of the Equity Share capital of PAASPL by way of acquisition of Equity Shares of face value of Rs. 10 each fully paid up.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.
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