Key Developments: Housing Development Finance Corporation Ltd (HDFC.BO)

HDFC.BO on Bombay Stock Exchange

990.75INR
6:19am EDT
Price Change (% chg)

Rs-32.45 (-3.17%)
Prev Close
Rs1,023.20
Open
Rs1,016.00
Day's High
Rs1,016.10
Day's Low
Rs982.00
Volume
95,774
Avg. Vol
201,742
52-wk High
Rs1,045.20
52-wk Low
Rs632.20

Search Stocks

Latest Key Developments (Source: Significant Developments)

Housing Development Finance Corporation Ltd Announces Allotment Of Shares Pursuant To Exercise Of Options
Wednesday, 4 Sep 2013 08:47am EDT 

Housing Development Finance Corporation Ltd announced that the Corporation on September 04, 2013 allotted 302,240 equity shares of INR2 each, pursuant to exercise of stock options.  Full Article

Housing Development Finance Corporation Ltd. Recommends Dividend
Wednesday, 8 May 2013 04:45am EDT 

Housing Development Finance Corporation Ltd. announced that the Board of Directors of the Company at its meeting held on May 08, 2013, has recommended a dividend of INR12.50 per equity share of face value of INR2 each for the financial year 2012-13 (Previous year : INR11 per equity share of the face value of INR2 each). The dividend if approved by the members will be dispatched/ remitted commencing from the day after the ensuing Annual General Meeting.  Full Article

Manulife Financial Corp, Housing Development Finance Corporation Ltd And Standard Life Plc's HDFC Life Said To Bid For HSBC Holdings PLC's India Insurance Arm-Reuters
Tuesday, 9 Apr 2013 11:19pm EDT 

Reuters reported that Manulife Financial Corp and the Indian affiliate of Standard Life plc are among the suitors to place first-round bids for HSBC Holdings PLC's Indian life insurance business, a stake valued at about $200 million. HSBC is selling its 26% stake in a life insurance joint venture (JV) with two Indian state-run banks, as it sheds noncore businesses globally. The winner of the auction will get immediate access to about 5,500 branches of the two state-run banks. Bancassurance is emerging as a key tool to sell insurance products across Asia as the life insurance industry matures in the region. HDFC Life, a joint venture between India's top mortgage lender Housing Development Finance Corporation Ltd (HDFC) and Standard Life Plc; Birla Sun Life, a venture between Indian conglomerate Aditya Birla Group and Canada's Sun Life; and ICICI Prudential Life, a JV between ICICI Bank Ltd and Prudential PLC, are among the bidders to submit first round bids last week. HSBC's two Indian partners in the venture, Canara Bank Ltd and Oriental Bank Of Commerce Ltd could also pare their stakes, although no final decision has been made on this. That could push the deal value to $800 million, including a bank distribution agreement, they added.  Full Article

Housing Development Finance Corporation Ltd Announces Allotment Of Shares Pursuant To Exercise Of Options
Tuesday, 29 Jan 2013 04:14am EST 

Housing Development Finance Corporation Ltd announced that the Corporation has allotted 214,775 equity shares of INR2 each, pursuant to exercise of stock options.  Full Article

Housing Development Finance Corporation Ltd Announces Allotment Of Shares Pursuant To Exercise Of Options
Thursday, 22 Nov 2012 07:07am EST 

Housing Development Finance Corporation Ltd announced that the Corporation has allotted 201,960 equity shares of INR2 each pursuant to exercise of stock options.  Full Article

Housing Development Finance Corporation Ltd Announces Allotment of Shares
Monday, 29 Oct 2012 08:39am EDT 

Housing Development Finance Corporation Ltd announced that the Corporation October 29, 2012 allotted 76,395 equity shares of INR2 each pursuant to exercise of stock options by certain employees / director. Post the above allotment, the paid-up equity share capital of the Corporation would stand at INR3,080,155,460 consisting of 1,540,077,730 equity shares of INR2 each.  Full Article

Housing Development Finance Corporation Ltd To Raise At Least INR5 Billion Via Bonds-The Economic Times
Tuesday, 16 Oct 2012 03:30am EDT 

The Economic Times reported that Housing Development Finance Corporation Ltd plans to raise at least INR5 billion ($94.29 million) through two-year bonds at 9.18%. ICICI Bank is the sole arranger to the deal.  Full Article

Housing Development Finance Corporation Ltd Plans To Raise Up To INR10 Billion Via Bonds-The Economic Times
Wednesday, 10 Oct 2012 09:13am EDT 

The Economic Times reported that Housing Development Finance Corporation Ltd plans to raise up to INR10 billion ($189.30 million) through five-year bonds with a put option at the end of 13months at 9%. The base size of the issue is INR7.5 billion rupees with a greenshoe of INR2.5 billion rupees. Axis Bank is the sole arranger to the deal.  Full Article

Carlyle Group LP Selling Housing Development Finance Corporation Ltd's Stake Worth Up To $861 Million-Reuters
Thursday, 4 Oct 2012 10:20am EDT 

Reuters reported that Carlyle Group LP is selling its 3.7% stake in India's top mortgage lender Housing Development Finance Corp Ltd in a deal to raise as much as $861 million. Carlyle is selling about 57 million shares of HDFC in a price band of INR760 to INR781.25 a share - a discount of 1%-3.7% from the lender's closing price of INR789.05.  Full Article

Housing Development Finance Corporation Ltd To Raise More Than INR2 Billion Via Bonds-The Economic Times
Thursday, 4 Oct 2012 01:18am EDT 

The Economic Times reported that Housing Development Finance Corporation Ltd plans to raise at least INR2 billion ($38.30 million) through five-year bonds at 9.20%. IDFC is the sole arranger to the deal, the source said.  Full Article

India's HDFC to raise at least 5 bln rupees via 10-yr bonds - sources

MUMBAI, June 17 - India's Housing Development Finance Corp will raise at least 5 billion rupees through 10-year bonds at 9.24 percent, three bankers said on Tuesday.

Search Stocks