HDFC Life Insurance bought 7,30,000 shares of Poonawalla Fincorp for ₹34.57 Cr at ₹473.50 apiece in a block deal on August 4, 2026.
A non-deposit taking NBFC registered with the Reserve Bank of India, Poonawalla Fin provides consumer and MSME financing solutions alongside general insurance services. The company serves retail borrowers and small businesses through its diversified lending portfolio and risk management offerings. Its integrated approach across consumer finance, business lending, and insurance products distinguishes it within India's competitive non-banking financial sector.
HDFC Life Insurance Company Limited, institutional investor in Indian equities