STOCKWATCH

Canara HSBC Life Insurance to Raise ₹ 250 Crores Through Subordinated Debt Instruments

Canara HSBC Life Insurance Company Ltd. has announced a meeting of the Debt Raising Committee of the Board on Friday, 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. The proposed issuance aims to raise up to ₹ 250 crores.

• Canara HSBC Life Insurance to raise ₹ 250 crores through subordinated debt instruments
• The company will issue unsecured, subordinated, listed, rated, redeemable, non-cumulative, fully paid-up, non-convertible debentures
• The issuance will be on a private placement basis
• The Debt Raising Committee will approve the Key Information Document on 6th March 2026