16-Jun-2026      16:10

HDFCLIFE allots 1.45 cr equity shares to HDFC Bank

HDFC Life Insurance Company has allotted 1,45,23,906 fully paid-up equity shares of face value of Rs 10/- each, at a price of Rs 688.52 per equity share aggregating to approx. Rs 1,000 crore, on a preferential basis to HDFC Bank, the promoter of the Company.

Pursuant to the above allotment, the paid-up equity share capital of the Company stands at Rs 21,72,47,49,810 comprising of 2,17,24,74,981 equity shares of face value of Rs 10/- each.

News source: Capital Market - Live News