HDFC Life board approves issuance of over 3.5 cr shares to parent HDFC for Rs 2,000 cr
The insurer said the issuance of shares is subject to the approval of the shareholders besides, regulatory/statutory approvals."The issue price at which the equity shares are to be issued to HDFC Ltd is the higher of the price determined under the valuation report of the registered valuer and the price calculated in accordance with SEBI