Standard Life sells 4.99% stake held in HDFC Life Insurance Company

HDFC Life Insurance Company announced the sale of 100,845,104 equity shares of the company (representing approximately 4.99% of the total issued and paid-up equity share capital of the Company) by Standard Life (Mauritius Holdings) 2006 on 29 June 2021. Post the settlement of the sale, Standard Life (Mauritius Holdings) 2006 will hold 78,694,105 equity shares (representing approximately 3.89% of the total issued and paid-up equity share capital of the company).

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