HDFC Life gets PFRDA nod for change in shareholding ahead of merger of parent and HDFC Bank
PFRDA vide its letter dated November 11, 2022 to HDFC Life, has granted its approval for proposed change in shareholding of HDFC Life, sponsor company of HDFC Pension due to proposed amalgamation i.E. Change in promoter from HDFC Limited to HDFC Bank, it said in a regulatory filing.
In a separate filing, HDFC Life informed exchanges about the approval granted to the company by PFRDA on the merger scheme shareholding changes. Pic: Reuters