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As per the bulk deal data on the BSE, Standard Life (Mauritius Holdings) 2006 sold 504,22,552 equity shares (or 2.49% stake) of HDFC Life at an average price of Rs 672.89 each on Tuesday, 29 June 2021.
It sold another 504,22,552 equity shares (or 2.49% stake) of HDFC Life at an average price of Rs 672.46 each on Tuesday, 29 June 2021.
As of 31 March 2021, the promoter group, Standard Life (Mauritius Holdings) 2006 held 8.88% stake in the life insurance company.
HDFC Life Insurance Company is a life insurance entity promoted by HDFC, India's leading housing finance institution and Standard Life Aberdeen, a global investment company.
The life insurer reported 2.38% rise in consolidated net profit to Rs 319.06 crore in Q4 FY21 from Rs 311.65 crore in Q4 FY20. Net premium income increased by 22.85% to Rs 12,869.55 crore in Q4 FY21 over Q4 FY20.
Shares of HDFC Life Insurance Company were up 1.08% at Rs 693.75 on BSE.
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