Gehlaut to sell 11.9% stake in Indiabulls Housing Finance. A neat Rs 1300 cr + take home.
As per newspaper reports, the promoter Sameer Gehlaut has mandated Jefferies to sell the stake through the block deals. Key points to note – As at September end, promoter group owned 21.69% of Indiabulls Housing Finance Limited (IBHFL). Post this stake sale promoters will be left with less than 10% stake. Of the balance, currently … Read more