We are delighted to have advised HDFC Limited in obtaining merger control approval from the Competition Commission of India in relation to the proposed acquisition of certain additional shareholding of HDFC Life through on-market purchases over stock exchanges.  The deal is in furtherance to the proposed amalgamation of HDFC Limited into and with HDFC Bank – which is the biggest merger in the Indian financial services sector till date.  The matter was led by Vinod Dhall, Senior Adviser and Gaurav Desai, Partner with Shruti Bhat, Counsel and Juhi Hirani and Ravleen Chhabra, Associates.

Click here to read more – The Competition Commission of India – Press Release