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HDFC and HDFC Bank merger proposal gets nod from bourses

by AIP Online Bureau | Jul 3, 2022 | Banking & Bancassurance, Indian News, Regulation

”The scheme remains subject to various statutory and regulatory approvals inter alia including approvals from the Reserve Bank of India, Competition Commission of India, the National Company Law Tribunal and the respective shareholders and creditors of the...
HDFC Life completes acquisition of Exide Life; merger to take place shortly

HDFC Life completes acquisition of Exide Life; merger to take place shortly

by AIP Online Bureau | Jan 1, 2022 | Indian News, Life

Vibha Padalkar, MD & CEO, HDFC Life HDFC Life completed the acquisition of 100% stake in Exide Life from Exide Industries through issuance of 8,70,22,222 shares at an issue price of Rs. 685 per share and a cash payout of Rs. 726 crore,aggregating to Rs. 6,687...
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