Fundraise / allotmentNotableFiled on BSE ·

HDFC Bank approves up to ₹1,000 crore investment in HDFC Life's equity shares

HDFC Bank · Banks

Arthneeti Research DeskPublished 1 min read
₹1,000 CrFundraise / allotment

Key highlights

  • Board approved investment up to ₹1,000 crore in preferential equity share issue of HDFC Life
  • Investment to be made in one or more tranches per SEBI IC & DR Regulations 2018
  • Subject to necessary approvals including Reserve Bank of India clearance

Why it's rated notable: amount is ₹500 crore or more

Original filing

Investment In The Equity Shares Of HDFC Life Insurance Company Limited

Read the filing on BSE (PDF) →

Companies guiding to strong growth

Ranked by management's own guidance on revenue and margins — not by us.

Rossell Techsys

Aerospace & Defense

Revenue growth 40%+Margin up 2%+

Sign up free to see all 6 →

See full rankings

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

More from HDFC Bank

Other fundraise / allotment filings this fortnight

All fundraise / allotment filings →

Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.