Tag: HDFC Capital Advisors

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HDFC Fund, Advisors Settle ₹26 Lakh Regulatory Violations

NEW DELHI: HDFC Property Fund and HDFC Capital Advisors have reached a settlement over a regulatory violation with Sebi, amounting to Rs 26 lakh. The case involved delays in the asset liquidation process and the distribution of proceeds. This delay in winding up the schemes is a violation of Sebi’s Venture Capital Funds rules. According to a Sebi settlement order issued on Thursday, HDFC Property Fund and HDFC Capital Advisors submitted suo motu settlement applications, proposing to resolve the matter “without admitting or denying the findings of facts and conclusions of law”. HDFC Property Fund initiated two schemes: the HDFC…

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Arvind SmartSpaces FY26 Net Profit Falls 13.22% to ₹103.41 Cr

NEW DELHI: Arvind SmartSpaces has announced a 13.22% decrease in its net consolidated profit for the financial year 2025-26. The profit after tax fell to ₹103.41 crore compared to ₹119.16 crore recorded in FY25, according to a filing with the BSE. The net consolidated total income for FY26 was ₹584.47 crore, reflecting a 20.49% decline from ₹735.11 crore in FY25. In Q4 FY26, the net consolidated total income dropped 6.09% to ₹163.53 crore from ₹174.14 crore in the same quarter last year. However, profit after tax surged by 102.94% to ₹44.16 crore compared to ₹21.76 crore in the previous fiscal’s…

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HDFC Capital Advisors Exits Adarsh Developers Again

HDFC Capital Advisors, the private equity branch of HDFC Bank, has successfully exited its second investment of ₹1,100 crore in Bengaluru’s Adarsh Developers. This comes from a total commitment of ₹2,500 crore across four investments with the company. The platform was established in 2022 to develop 17 mid-income residential projects, totaling 10,000 units across 15 million sq ft, in key Bengaluru areas such as Bellandur, Gunjur, Hennur, JP Nagar, and Banashankari. HDFC Capital’s initial investment of ₹395 crore was exited in Q2 2024 with a gross internal rate of return (IRR) of 21%, while the second investment was exited at…