HDFC further buys 0.7% stake in HDFC Life taking it to over 50% in insurer
HDFC, the promoter company, has increased its stake in subsidiary HDFC Life through bulk deals. HDFC purchased 1.65 crore shares at an average price of Rs 674 apiece, following a previous acquisition of a 0.7% stake in HDFC Life through open market transactions.
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