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Thursday Dec 12, 2024
Friday, 8 October 2010 08:19 - - {{hitsCtrl.values.hits}}
Lanka Orix Leasing Company (LOLC) has increased its stake in HDFC Bank to over 10%.
The increase follows LOLC purchasing 139,400 shares of HDFC Bank at Rs. 435 each in a deal worth
Rs. 60.6 million.
With the purchase of around 2.1%, LOLC stake is now 10.42%. LOLC wasn’t a shareholder in HDFC Bank as at 30 June, 2010 which means the 10% had been acquired in recent months.
