HDFC Life Insurance Company has allotted 507,558 equity shares under ESOP. Post the above allotment, paid�-up equity share capital of the Company stands at Rs 21,514,869,050 comprising of 2,15,14,86,905 equity shares of face value of Rs 10 each.Powered by Capital Market - Live News

HDFC Life Insurance Company has appointed Vineet Arora as Chief Business Officer - Distribution, Data and Technology and Sameer Yogishwar as Chief Operating Officer of the company with effect from 19 July 2024. Powered by Capital Market - Live News

HDFC Life Insurance Company announced the resignation of Suresh Badami (DIN: 08224871), Deputy Managing Director of the Company with effect from 18 October 2024 or earlier. Powered by Capital Market - Live News

Net profit of HDFC Life Insurance Company rose 14.94% to Rs 478.97 crore in the quarter ended June 2024 as against Rs 416.72 crore during the previous quarter ended June 2023. Sales rose 9.04% to Rs 12548.42 crore in the quarter ended June 2024 as against Rs 11507.88 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales12548.4211507.88 9 OPM %2.482.83 - PBDT400.78439.87 -9 PBT400.78439.87 -9 NP478.97416.72 15 Powered by Capital Market - Live News

The Board of HDFC Life Insurance Company at its meeting held on 15 July 2024 has approved raising of funds through issuance of NCDs in the nature of subordinated debt instrument upto Rs 2,000 crore in one or more tranches, on a private placement basis, over a period of 12 months, subject to receipt of regulatory approvals, as may be necessary. Powered by Capital Market - Live News