Hdfc Bank (HDB) has released an update.
HDFC Capital Advisors Limited, a subsidiary of HDFC Bank, has acquired an 8.5% stake in TruBoard Technologies Private Limited, a company specializing in technology solutions for the real estate sector. The investment, part of their H@ART initiative, involves the purchase of 1,043 equity shares at a total cost of INR 7,28,817. TruBoard, which has yet to commence operations and shows no turnover for the past three fiscal years, is based in Mumbai, India.
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