HDFC takes over 8.4% in Ansal Housing

Mumbai: In a late-night filing, HDFC informed the stock exchanges that it has acquired an 8.4% stake in Ansal Housing after invoking shares pledged with the corporation for recovery of loans. Ansal has been defaulting on its loans since 2019. Shares of the company were last traded at Rs 7.7. It had earlier sought time until July 31 to file its financial results for FY21, citing the pandemic.