27 May 07 HDFC preferential share issue
Housing Development Finance Corporation (HDFC) has informed the stock exchnages that the board of directors of HDFC has decided to issue 18 million equity shares of Rs. 10 each on preferential basis at a price of Rs. 1730 per share. The board of HDFC has also decided to increase the authorised share capital from Rs. 275 crores to Rs. 325 crores.
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