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Canara HSBC Life Insurance Company Ltd. to Approve Terms for Subordinated Debt Instrument Issuance

Canara HSBC Life Insurance Company Ltd. has announced a meeting of the Debt Raising Committee of the Board, scheduled for 6th March 2026. The committee will approve the Key Information Document for the issuance of unsecured, subordinated, listed, rated, redeemable, non-cumulative, fully paid-up, non-convertible debentures in the nature of ‘Subordinated Debt’ on a private placement basis. This follows the Board's approval in January 2026 for raising funds through issuance of subordinated debt instrument in the form of Non-convertible Debentures ('NCDs') up to ₹ 250,00,00,000.

• Canara HSBC Life Insurance Company Ltd. to approve terms for subordinated debt instrument issuance
• Debt Raising Committee meeting scheduled for 6th March 2026
• Issuance of unsecured, subordinated, listed, rated, redeemable, non-cumulative, fully paid-up, non-convertible debentures
• Private placement basis for the proposed issuance
• Follows Board's approval in January 2026 for raising funds up to ₹ 250,00,00,000