HDFC Life Insurance Company has informed that the Board of Directors of the Company at its meeting held today December 10, 2024 have considered and approved an investment of ?6.6 crore in the equity share capital of Bima Sugam India Federation (Bima Sugam). Further, the Board also approved an aggregate investment (including the above) not exceeding 10% of the paid?up equity share capital of Bima Sugam, subject to commensurate increase in authorised share capital of Bima Sugam. The relevant details pursuant to Regulation 30 of the SEBI Listing Regulations is enclosed as Annexure A. The Board Meeting commenced at 09:30 am and concluded at 11:02 am.
The above information is a part of company’s filings submitted to BSE.