HDFC buys over 25% stake in Good Host for Rs 70 cr
HDFC is acquiring 30,52,469 equity shares of Good Host for a consideration of Rs 69,50,00,000 representing 25.01 per cent of its share capital from Manipal Integrated Services Pvt Ltd, HDFC said in a regulatory filing.
![HDFC buys over 25% stake in Good Host for Rs 70 cr HDFC buys over 25% stake in Good Host for Rs 70 cr](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2018/08/22/49876-hdfc-reuter.jpg?itok=RG_U-Ogt&c=19750910e1b373166e46ee4b43308489)
Mortgage lender HDFC Ltd said it has acquired over 25 per cent stake in Good Host, a company engaged in the business of managing student housing facilities, for Rs 69.5 crore. Image source: Reuters