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HDFC Life Publishes Notice on Transfer of Unclaimed Dividends and Shares to IEPF

Story Highlights
  • HDFC Life has published notices on transferring certain unclaimed dividends and related shares to the IEPF account.
  • The advertisements, issued in leading newspapers and on its website, reflect HDFC Life’s compliance with SEBI norms and disclosure obligations for affected shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HDFC Life Publishes Notice on Transfer of Unclaimed Dividends and Shares to IEPF

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HDFC Life Insurance Co. Ltd. ( (IN:HDFCLIFE) ) has issued an update.

HDFC Life Insurance Company Limited has notified stock exchanges that it has published newspaper advertisements regarding the proposed transfer of certain unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) account, in line with regulatory requirements. The notices, carried in Business Standard and Sakal and also hosted on the company’s website, indicate the insurer’s compliance with SEBI disclosure norms and the IEPF framework, ensuring appropriate dissemination of information to shareholders whose entitlements may be affected by the statutory transfer process.

More about HDFC Life Insurance Co. Ltd.

HDFC Life Insurance Company Limited is a leading Indian life insurer offering a range of individual and group life insurance products, including protection, savings, retirement, and investment-linked policies, with its shares listed on both the National Stock Exchange of India and BSE.

Average Trading Volume: 216,139

Technical Sentiment Signal: Buy

Current Market Cap: 1654.9B INR

For an in-depth examination of HDFCLIFE stock, go to TipRanks’ Overview page.

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