SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CCI approves acquisition of additional stake of HDFC Life by HDFC

21 Jun 2023 Evaluate

The Competition Commission of India (CCI) has approved acquisition of additional shareholding of HDFC Life Insurance Company by Housing Development Finance Corporation (HDFC).

The proposed combination pertains to the acquisition by HDFC of certain additional shareholding of HDFC Life through one or more on-market purchases over stock exchanges (Proposed Combination) such that HDFC (after the Proposed Combination) and the surviving amalgamated entity i.e. HDFC Bank (after the effective date of the proposed amalgamation of, inter alia, HDFC into HDFC Bank) will hold over 50% of the shareholding of HDFC Life in compliance with Indian banking laws.

HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.


HDFC Life Insurance Share Price

616.60 -14.95 (-2.37%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×