HDB Financial Services Limited
Mirae Asset Mutual Fund increased its stake in HDB Financial Services from 1.86% to 2.47% by purchasing 50,80,313 shares. The transaction, executed at ₹732.50 per share, was valued at ₹372.13 Cr.
A retail-focused non-banking financial company that provides lending products and business process outsourcing services across India. Operating through three business verticals, Enterprise Lending, Asset Finance, and Consumer Finance, it serves diverse customer segments with tailored credit solutions. Incorporated in 2007, the company has established itself as one of India's largest NBFCs, specializing in accessible financial services for retail and corporate clients.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.