HDFC Life Insurance Company Ltd.

HDFC Life Insurance Company is planning to raise up to Rs 600 crore through issue of up to 6,000 unsecured, rated, listed, subordinated, redeemable, non-convertible fully paid-up debentures (NCDs). The company will raise money in one or more tranches, on a private placement basis. The meeting of the capital raising committee (CRC) of the board of directors of the company is scheduled to be held on July 23, 2020 to consider and approved the same.

HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.