HDFC Bank has executed an agreement on Monday to sell its entire stake of 9.95% or 1,65,731 shares in Softcell Technologies Global Pvt Ltd for ₹99.5 mln by the end of this month, at ₹600.36 per share, the company said via an exchange filing.
In March 2020, the private lender sold 2.05% stake, or 34,150 shares of Softcell Technologies Global, for ₹14.7 mln.
In addition to selling products connected to information technology, Softcell Technologies Global Pvt Ltd also offers software and related services.
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