HDFC Life Insurance Company Ltd.

Abrdn (Mauritius Holdings) 2006 (formerly Standard Life (Mauritius Holdings) 2006) (abrdn), has sold 2.00% stake in HDFC Life Insurance Company. Abrdn has sold a total of 43,000,000 equity shares at Rs 574 per equity share. Pursuant to the above sale, Abrdn will hold 35,694,105 equity shares (1.66% shareholding) in the company. The sale is subject to the settlement process prescribed for the stock exchanges under the extant regulation and is expected to be completed on September 15, 2022.

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.