-14.95 (-2.37%) HDFC Life Insurance Company has raised Rs 1000 crore through the allotment of 1,00,000 unsecured, rated, listed, subordinated, redeemable, fully paid?up, non?cumulative, non?convertible debentures (NCDs), each having a face value of Rs 1,00,000, in dematerialised form, on private placement basis to the identified parties. The Debentures shall be listed on the WDM segment of the National Stock Exchange of India. The Capital Raising Committee (CRC) of the Board vide its resolution dated October 09, 2024, allotted 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.