Question : Good Host is a company engaged in the business of managing student housing facilities. On which date HDFC Ltd announced to sell 24.48 per cent stake in Good Host Spaces ?
(A) 20 January 2021
(B) 28 January 2021
(C) 1 January 2021
(D) None of the above
Ans.(A)
Related facts
- Good Host is a company engaged in the business of managing student housing facilities.
- On January 20, 2021 HDFC Ltd announced to sell 24.48 per cent stake in Good Host Spaces
- For this purpose HDFC has entered into a share purchase agreement for sale of 47,75,241 equity shares of rupees 1 each, representing 24.48 per cent of the issued and paid-up share capital of Good Host.
- For the financial year ending on March 31, 2020, the consolidated revenue of Good Host aggregated to ₹ 112.60 crore and the balance sheet size was ₹1,765.13 crore.
By — Pankaj Pandey.