HDFC Life Insurance Company has informed that the Board of Directors of the Company at their meeting held today on September 3, 2021 commenced at 7.45 am and concluded at 8.25 am have approved the following: Acquisition of 100% of the share capital of Exide Life Insurance Company Limited, Issue of 8,70,22,222 equity shares of the Company by way of preferential allotment and Approval of issue of notice for Extra-Ordinary General Meeting of the shareholders of the Company (‘EGM’). The detailed description regarding the same attached. A press release and presentation in relation to the proposed transaction is also attached.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| ICICI Prudential | 562.40 |
| General Ins. Corp | 400.00 |
| Star Health & Allied | 503.30 |
| Niva Bupa Health Ins | 80.04 |
| ICICI Lombard Gen. | 1890.80 |
| View more.. | |
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