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Housing Development Finance Corporation to receive Rs 135.27 crore in dividend income

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Capital Market

From HDFC Standard Life Insurance Company

Housing Development Finance Corporation announced that the Board of Directors of HDFC Standard Life Insurance Company (HDFC life), a material non listed subsidiary of the Corporation, has, on 15 December 12016, declared an interim dividend of Rs. 1.10 per equity share of Rs. 10 each for the financial year 2016-17. Accordingly, the Corporation would receive dividend amounting to Rs. 135.27 crore from HDFC Life.

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First Published: Dec 15 2016 | 7:31 PM IST

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