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HDFC AMC shares fall 6% as the company takes Essel Group exposure on books

Updated : June 18, 2019 10:06 AM IST

The stock fell as much as 6.6 percent to Rs 1,801 per share on the BSE.
HDFC AMC has offered exits to investors of some fixed-maturity plans (FMPs) impacted by the Essel Group exposure.
The company will use shareholder money to repay the investors in full.
HDFC AMC shares fall 6% as the company takes Essel Group exposure on books

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