HDFC Life gets PFRDA nod for change in shareholding ahead of merger of parent and HDFC Bank
The amalgamation scheme remains subject to various statutory and regulatory approvals, including from the NCLT and the respective shareholders of the companies involved, it said.In a separate filing, HDFC Life informed exchanges about the approval granted to the company by Pension Fund Regulatory and Development Authority (PFRDA) on the merger scheme shareholding changes.
