With reference to the letter dated October 29, 2020 and pursuant to provisions of Regulation 30 and Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations), ICICI Prudential Life Insurance Company has informed that the Strategy Committee, through its resolution dated November 6, 2020, allotted 12,000 (twelve thousand) unsecured, rated, listed, redeemable, subordinated, taxable, fully paid-up, non-cumulative, nonconvertible debentures (Debentures) each bearing a face value of Rs 10,00,000 (Rupees Ten Lakh only) aggregating to Rs 12.00 Billion, in the nature of subordinated debt instruments, for cash, at par, in dematerialised form, on a private placement basis.
The above information is a part of company’s filings submitted to BSE.
