HDFC Life Insurance Company Ltd.

Standard Life Aberdeen has divested 2.5 percent stake in HDFC Life Insurance Company. Standard Life Aberdeen sold 50 million shares at Rs 441.2 apiece to raise Rs 2,200 crore. Prior to the stake sale, Standard Life, a co-promoter along with HDFC, held 14.73 per cent in HDFC Life Insurance 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.