Promoter abrdn Investment plans to sell entire 10.2% stake in HDFC AMC
In August, abrdn Investment, formerly Standard Life Investments, divested its 5.58 per cent stake in HDFC AMC for a little over Rs 2,300 crore through an open market transaction.

Following the proposed stake sale, abrdn Investment would cease to be a co-sponsor of HDFC Mutual Fund, the company said in a regulatory filing. Pic: twitter.com/hdfcmf and Pixabay