This is in furtherance to our disclosure dated August 30, 2021, wherein it was informed that HDFC Asset Management Company Limited ("the Company") had applied for 15% of the paid up equity share capital of AMC Repo Clearing Limited (''ARCL'') by paying an application amount of Rs. 22.18 Crores. In this connection, we wish to inform you that the Company has been allotted 2,20,60,307 equity shares of ARCL of Rs.10 each having an aggregate nominal value of Rs. 22,06,03,070/-; and accordingly the excess subscription amount of Rs. 11,96,930/- paid on August 30, 2021 will be refunded by ARCL to the Company.
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