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Friday, July 4, 2025

Aviva becomes the majority shareholder in its India joint venture

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HT Bureau

Guwahati, Oct 1: Aviva, on Saturday, announced that it has acquired an additional 25% stake from Dabur Invest Corp. in its joint venture in India, Aviva Life Insurance Company India Limited (ALICIL).

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Following the stake acquisition, Aviva’s shareholding has increased to 74% in ALICIL. The transaction allows Aviva to become the majority shareholder, increasing its economic and operational control as it continues to transform the performance of the business.

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