HDFC Life Insurance Company allots 357 cr equity shares to HDFC

13 Sep 2022 , 01:34 AM

HDFC Life Insurance Company has allotted 35794824 equity shares of the Company at a price of Rs 55874 per equity share including premium of Rs 54874 per equity share aggregating to Rs 199999 crore to Housing Development Finance Corporation one of the promoters of the Company on preferential basis Post the above allotment paid]up equity share capital of the Company stood at Rs 1490547510 comprising of 2149054751 equity shares of face value of Rs 10 each