New Delhi: India's largest mortgage lender Housing Development Finance Corp Ltd (HDFC) has allotted 1.51 million equity shares of face value of Rs 2 each, pursuant to exchange of the same number of warrants by 50 warrant holders of the company.
"Further, the corporation has extinguished the said 15,18,960 (1.51 million) warrants and the outstanding warrants post the said exchange stands at 4,45,50,000 (44.50 million)," HDFC said in a filing to the stock exchanges Monday.
Post the above allotment, the paid-up equity share capital of the corporation will be valued at Rs 2.98 billion, consisting of 1.49 billion equity shares of Rs 2 each, it said.
Shares of HDFC Monday ended at Rs 678.60 on the Bombay Stock Exchange (BSE), up 0.54% from the previous close.
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