DHFL holds 50% stake in DHFL Pramerica—17.12% directly and 32.88% through subsidiary DHFL Advisory and Investments Pvt. Ltd.Mumbai: Housing finance firm Dewan Housing Finance Corp. Ltd (DHFL) on Tuesday said that it will sell its entire stake in mutual fund business DHFL Pramerica Asset Managers Pvt. DHFL said it will also sell the 50% stake it holds in DHFL Pramerica Trustees Pvt. Ltd.DHFL holds 50% stake in the mutual fund business—17.12% directly and 32.88% through subsidiary DHFL Advisory and Investments Pvt. DHFL had acquired the 50% stake in the mutual fund business in 2015.

Source: Mint December 18, 2018 10:18 UTC