Housing Envelopment Finance Corporation Limited (BSE:500010) is planning to sell 9.2% in Gruh Finance Limited (BSE:511288). The Economic Times, quoting sources, reported that "HDFC will raise INR 16.78 billion by selling 9.2% in Gruh Finance and the sale of 67.4 million shares is expected to happen at a floor price of INR 243 to INR 249 per share in the open market on August 30, 2019".
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