Name of Entity

Background

Holding % as at

March 31, 2025

HDB Financial Services Limited (“HDBFSL”)

A

non-deposit

taking

non-banking

finance company

94.9

HDFC Securities Limited (“HSL”)

Offers trading facilities in a range of equity, fixed income and derivative products to its clients

94.8

HDFC Life Insurance Company Limited (“HLIC”)

Lender of long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions

50.3

HDFC Asset Management Company Limited (“HAMC”)

Investment manager to HDFC Mutual Fund

52.5

HDFC Sales Private Limited

Strengthens the marketing and sales efforts by providing a dedicated sales force to sell home loans and other financial products, including public deposits

100.0

HDFC Capital Advisors Limited

Acts as an Investment Manager for Category II Alternative Investment Funds registered with Securities and Exchange Board of India

89.3

HDFC Trustee Company Limited

It provides Trusteeship services to HDFC Mutual Fund

100.0

Griha Investments

Acts as investment manager to HIREF International LLC (the “Fund”) and its Special Purpose Vehicles

100.0

Griha Pte Limited

Private Equity Fund Manager specializing in Real Estate Private Equity Investments in India. It is registered with the Monetary Authority of Singapore as a Fund Management Company

100.0