Mortgage lender HDFC Ltd today cleared the merger of five subsidiaries with itself, subject to various regulatory approvals.
HDFC has granted in-principle approval for the amalgamation of Grandeur Properties, Haddock Properties, Winchester Properties, Pentagram Properties and Windermere Properties into itself, the company said in a statement.
All these companies are wholly owned subsidiaries of the HDFC, it said.
The said amalgamation is subject to various regulatory approvals as applicable, it said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
