HDFC Life Insurance Company Ltd.

HDFC Life Insurance Company has received an approval for raising of funds through issuance of up to 3,500 unsecured, rated, listed, subordinated, redeemable, fully paid-up, non-convertible debentures (NCDs), each having a face value of Rs 10,00,000 for an aggregate nominal value of up to Rs 350 crore for cash, at par, in dematerialised form, on private placement basis. The Capital Raising Committee in its meeting held on June 17, 2022, has considered 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.