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Aditya Birla Nuvo transfers its entire 51% stake in Birla Sun Life Insurance Company

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Capital Market
Last Updated : Mar 24 2017 | 12:02 AM IST

To Aditya Birla Financial Services

Aditya Birla Nuvo announced that the Company has transferred its entire stake of 51% held in Birla Sun Life Insurance Company, a subsidiary of Aditya Birla Nuvo, to Aditya Birla Financial Services, a wholly owned subsidiary of Aditya Birla Nuvo.

Consequently, Birla Sun Life Insurance Company has become a subsidiary of Aditya Birla Financial Services and a step down subsidiary of Aditya Birla Nuvo.

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First Published: Mar 23 2017 | 5:48 PM IST

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