HDFC Life Insurance Company Ltd.

The Competition Commission of India (CCI) has approved the acquisition by HDFC Life Insurance Company (Acquirer) of 100 per cent shareholding in Exide Life Insurance Company (Target) under Section 31(1) of the Competition Act, 2002.

As per CCI, the acquirer is a life insurance company registered with the Insurance Regulatory and Development Authority of India (the IRDAI).

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.