Exhibit 2
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
www.hdfc.com
By Telefex/Hand Delivery
September 7, 2006
Bombay Stock Exchange Limited | National Stock Exchange of India Ltd. | |
Sir P J Towers | Exchange Plara, 5thFlr, Plot No. C/1 | |
Dalal Street | G Block, Bandra Kurla Complex | |
Mumbai 400 023 | Bandra (E). Mumbai 400 051 | |
FAX NO. 022-272 3121/3719/2037 | FAX NO. 022-6598237/38 | |
Kind Attn: Mr. Sanjay Golecha GM | Kind Attn: Mr. Hari K- Asst. Vice President |
Dear Sir,
Sub: Investment in United Western Bank Limited (UWB)
We wish to inform you that the Corporation jointly with my one or more of its subsidiary/associate companies, proposes to invest an amount of up to Rs. 70 crores in the aggregate by way of equity in United Western Bank Limited (UWB) a public limited company engaged in the banking business, subject to such terms and condition as may be imposed by the Reserve Bank of India (RBI) and receipt of requisite regulatory and other approvals, by the Corporation and/or its subsidiary/associate companies, in this regard.
Further please note, that the said Investment will be made by the Corporation and/ or any one or more of its subsidiary/ associate companies along with SICOM and the Government of Maharashtra.
We request you to Kindly take note of the above and arrange to make the necessary announcement.
Thanking you.
Yours faithfully,
For Housing Development Finance Corporation Ltd.
For Housing Development Finance Corporation Ltd.
/s/ Girish V. Koliyote | ||||
Girish V. Koliyote | ||||
Company Secretary |
C.C: | Singapore Exchange Limited | } | Kind attn: Mr. Sicw Wuh Mul — Vice President | |
2. Shenton Way, #19-00, SGX Centre 1 | } | Issuer Regulation | ||
Singapore, 068804 | } | Fax No. 0065-65356994 | ||
C.C: | Dellsche Trustee Company Ltd. | } | Kind attn: The Managing Director/Term Debt | |
Winchester House, 1 Great Winchester St | } | |||
London EC2N 2DB | } | Fax No. 0044-207 547 6149 |