Standard Life to sell 5% stake in HDFC AMC on Wednesday

HDFC AMC operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments. As of June 30, 2021, Standard Life held a 21.23 per cent stake in the mutual fund house, while HDFC owned 52.65 per cent.

from Stocks-Markets-Economic Times https://ift.tt/3AP7igj