HDFC Life Insurance Company Ltd.

HDFC Life Insurance Company has raised Rs 350 crore by allotting 3,500 unsecured, rated, listed, subordinated, redeemable, fully paid-up, non-convertible debentures (NCDs), each having a face value of Rs 10 lakh for cash, at par, in dematerialized form, on private placement basis. The Capital Raising Committee (CRC) of the Board of Directors of the company has approved and allotted the same on June 22, 2022.

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.