Friday, August 19th, 2022 01:39:57

HDFC Sells Shares In HDFC Life

Updated: January 31, 2015 6:10 am

HDFC said it has sold nearly 7 million shares in HDFC Life to Azim Premji Trust for Rs 73.31 crore. In December, HDFC Ltd, the holding company of HDFC Life, had sold over 18.9 million shares to the Premji Trust for about Rs 198.99 crore. “Housing Development Finance Corporation (HDFC) Ltd has now informed BSE that the Corporation has concluded the sale of balance 6,982,361 equity shares of HDFC Life,” the company said in a statement.

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