HDFC Life Insurance Company (NSE:HDFCLIFE, BOM:540777) said its board has approved the reappointment of the managing director and chief executive officer for a period of five years, according to a Tuesday filing on Indian bourses.
Shares of the company fell nearly 2% in Wednesday's trade.
The term will be effective from September 12, 2026, subject to shareholder approval, the filing said.
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