LOLC’s stake in HDFC Bank tops 10%

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.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.