The approval from NCLT would be filed with IRDAI for their final approval for the merger," a spokesperson from HDFC ERGO General Insurance said. HDFC ERGO completed the transaction to acquire a majority stake in Apollo Munich Health on January 9 after receiving a go-ahead from regulatory authorities. "Subsequent to this approval (regulatory), Apollo Munich Health Insurance Co has been renamed as HDFC ERGO Health Insurance (HDFC ERGO Health) and will operate as a subsidiary of HDFC," HDFC informed the exchanges. The transaction was valued at Rs 1,495 crore. HDFC ERGO is a joint venture between HDFC and ERGO International AG, the insurance arm of German Munich Re Group. HDFC ERGO was the third-largest private general insurer with gross written premium of Rs 8,722 crore in FY19. It sold 84.7 lakh policies in the previous fiscal.