Corporate News     04-Mar-17 Housing Development & Infrastructure decides to divest subsidiary -Excel Arcade For Rs 17 crore. Housing Development & Infrastructure announced that the Finance Committee of the Board at its meeting held on 04 March 2017 has decided to divest its 100% shareholding of its wholly owned subsidiary , viz. Excel Arcade. HDIL was holding 1954000 shares and had invested Rs. 10,81,50,100 in that Company. It was meant to be a SPV for a project at Vikroli. Since the timeline for the project is uncertain, it was decided to divest the Investment in the Subsidiary Company for Rs. 17,00,00,000. Previous News   Housing Development & Infrastructure reports standalone net loss of Rs 1.78 crore in the December 2023 quarter  ( Results - Announcements 14-Feb-24   17:04 )   Housing Development & Infrastructure reports standalone net loss of Rs 2.29 crore in the September 2022 quarter  ( Results - Announcements 24-Nov-22   17:59 )   Housing Development & Infrastructure Ltd leads gainers in 'A' group  ( Hot Pursuit - 29-Aug-18   12:01 )   Housing Development & Infrastructure standalone net profit declines 84.97% in the December 2016 quarter  ( Results - Announcements 15-Feb-17   12:49 )   Housing Development & Infrastructure revises board meeting date  ( Corporate News - 07-Apr-21   10:06 )   Housing Development & Infrastructure to convene AGM  ( Corporate News - 08-Dec-20   13:38 )   CG Power & Industrial Solutions Ltd leads losers in 'A' group  ( Hot Pursuit - 21-Aug-19   15:00 )   Reliance Naval & Engineering Ltd leads losers in 'A' group  ( Hot Pursuit - 26-Apr-18   15:00 )   Housing Development & Infrastructure Ltd leads gainers in 'A' group  ( Hot Pursuit - 16-Aug-18   12:00 )   Housing Development & Infrastructure standalone net profit declines 2.92% in the June 2015 quarter  ( Results - Announcements 11-Aug-15   09:11 )   Housing Development & Infrastructure consolidated net profit rises 76.04% in the March 2016 quarter  ( Results - Announcements 29-May-16   15:49 )	Other Stories   Board of Fortis Healthcare recommends final dividend   20-May-25   21:09   Board of Solar Industries India recommends final dividend   20-May-25   21:09   Board of Godawari Power & Ispat recommends final dividend   20-May-25   21:09   Board of Kuantum Papers recommends final dividend   20-May-25   21:09   Board of Comfort Intech recommends final dividend   20-May-25   21:08   Board of Gland Pharma recommends final dividend   20-May-25   21:08   Board of Emami Paper Mills recommends final dividend   20-May-25   21:08   Board of Gulshan Polyols recommends final dividend   20-May-25   21:08   Board of Max Healthcare Institute recommends final dividend   20-May-25   21:08   Board of Jenburkt Pharmaceuticals recommends final dividend   20-May-25   21:07
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