Aye Finance Limited
HDFC Life Insurance increased its stake in Aye Finance Limited from 1.57% to 1.85% by acquiring 683,845 shares. This increased its total holdings to 4,554,694 shares, valued at approximately ₹76.19 Cr based on a share price of ₹167.18.
An NBFC that provides secured and unsecured small business loans to micro-scale MSMEs across India. Aye Finance offers working capital solutions, mortgage loans, property loans, and hypothecation loans designed for small entrepreneurs and business owners. The company distinguishes itself by focusing on underserved micro-businesses that require accessible and flexible financing options for operational needs, inventory management, and business expansion.
HDFC Life Insurance Company Limited, institutional investor in Indian equities