HDFC Life Insurance Company Ltd.

Standard Life has sold 3.3 percent stake in HDFC Life Insurance Company for Rs 3,220 crore. Standard Life (Mauritius Holdings) 2006 sold 6.7 crore shares at Rs 480.70 per share.

Standard Life Mauritius Holdings held 23.02 percent stake in HDFC Life as on June 30, 2019, while HDFC had 51.48 percent stake in the company.

HDFC Life 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.