HDFC Life Insurance Company Ltd.

HDFC Life Insurance Company (HDFC Life) is planning to seek shareholders' approval later this month for the issuance of preference shares to Exide Industries in the Rs 6,687-crore deal to acquire Exide Life. HDFC Life has convened an extra-ordinary general meeting (EGM) of the company's shareholders on September 29 to seek their approval for share issue.

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.