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HDFC ERGO General Insurance has announced the completion of the merger of HDFC ERGO Health Insurance. Post completion of the merger, HDFC will hold how much per cent stake in HDFC ERGO?

HDFC ERGO General Insurance has announced the completion of the merger of HDFC ERGO Health Insurance. Post completion of the merger, HDFC will hold how much per cent stake in HDFC ERGO? Correct Answer 50.58

The correct answer is 50.58%.

  • HDFC ERGO General Insurance (HDFC ERGO), announced the completion of the merger of HDFC ERGO Health Insurance with HDFC ERGO.
  • Pursuant to the approval of the merger by National Company Law Tribunal and the receipt of final approval from IRDAI, the merger was given effect to on November 13, 2020.
  • Post completion of the merger, HDFC will hold 50.58% stake in HDFC ERGO.

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