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HDB Financial Services Releases Monitoring Report on Equity Proceeds Utilization

Story Highlights
  • HDB Financial Services operates in financial services, offering loans and asset finance.
  • The company released a report on equity proceeds utilization, enhancing transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HDB Financial Services Releases Monitoring Report on Equity Proceeds Utilization

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HDB Financial Services Limited ( (IN:HDBFS) ) just unveiled an update.

HDB Financial Services Limited has released a Monitoring Agency Report regarding the utilization of proceeds from its recent public issue of equity shares, amounting to Rs. 2,500 crore. The report, prepared by CARE Ratings Limited, covers the quarter ending September 30, 2025, and is in compliance with SEBI regulations. This announcement is significant as it provides transparency and accountability in the use of funds raised, potentially impacting investor confidence and the company’s market position.

More about HDB Financial Services Limited

HDB Financial Services Limited operates in the financial services industry, providing a range of financial products and services. The company is focused on offering consumer loans, commercial loans, and asset finance, catering primarily to the Indian market.

Average Trading Volume: 152,903

For an in-depth examination of HDBFS stock, go to TipRanks’ Overview page.

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