Name of Entity

Background

Holding % as of

March 31, 2026

HDB Financial Services Limited (“HDBFSL”)

A non-deposit taking non-banking finance company

74.6

HDFC Securities Limited (“HSL”)

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

94.3

HDFC Life Insurance Company Limited (“HDFC Life”)

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

50.2

HDFC Asset Management Company Limited
(“HDFC AMC”)

Investment manager to HDFC Mutual Fund

52.4

HDFC Sales Private Limited (“HSPL”)

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 (“HDFC Capital”)

Acts as an Investment Manager for Category II Alternative Investment Funds registered with the SEBI

89.7

HDFC Trustee Company Limited (“HDFC Trustee”)

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 (“Griha Pte”)

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