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Reputation: 642,681  •  Jul 29, 2023 1:21 PM
Indiabulls Housing Finance promoter further cuts stakeholding
Indiabulls Housing Finance promoter further cuts stakeholding
Gehlaut's reduction in stake is part of the company's path to institutionalisation after he stepped down as promoter in February 2023. From a 21% stake in December 2021, Gehlaut has reduced his stake to around 2% currently and is poised to totally exit the non-banking finance company he founded.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
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