HDFC Life Insurance Company Ltd.

HDFC Life Insurance Company has informed that Capital Raising Committee of the Board (CRC) in its meeting held today i.e. June 17, 2022, has considered and approved the proposal (along with the commercial terms) for raising of funds through issuance of up to 3,500 unsecured, rated, listed, subordinated, redeemable, fully paid-up, non-convertible debentures, each having a face value of Rs 10,00,000, for an aggregate nominal value of up to Rs 350,00,00,000 for cash, at par, in dematerialised form, on private placement basis.

The above information is a part of company’s filings submitted to BSE.