Canara HSBC Life recommends re-appointment of two directors

Canara HSBC Life Insurance Company Ltd's board has recommended the re-appointment of Santanu Kumar Majumdar and Amitabh Nevatia as non-executive directors. The directors, who are liable to retire by rotation at the ensuing 19th Annual General Meeting, have been proposed for re-appointment in accordance with Section 152(6) of the Companies Act, 2013. The recommendation was made during a board meeting held on June 16, 2026.

The re-appointments are subject to the approval of the company's members at the annual general meeting. Both directors are eligible for re-appointment and are not debarred from holding the office of director by virtue of any SEBI Order or any other authority. The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Directors

The table below outlines the particulars regarding the re-appointment of the two directors:

Sr. No.	Particulars	Mr. Santanu Kumar Majumdar (DIN: 08223415)	Mr. Amitabh Nevatia (DIN: 10891350)
1.	Reason for Change	Re-appointment of director as are liable to retire by rotation.	Re-appointment of director as are liable to retire by rotation.
2.	Date of board approval	June 16, 2026 (subject to the approval of members at their annual general meeting)	June 16, 2026 (subject to the approval of members at their annual general meeting)
3.	Brief profile	Not Applicable	Not Applicable
4.	Disclosure of relationships	Not Applicable	Not Applicable
5.	Regulatory compliance	Not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority.	Not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority.

The intimation was submitted to the National Stock Exchange of India Limited and BSE Limited by Vatsala Sameer, Company Secretary and Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.58%	+0.57%	+4.67%	+12.64%	+27.22%	+27.22%

Canara HSBC Life Insurance Company Ltd has recommended the appointment of M/s Brahmayya & Co. and M/s M Bhaskara Rao & Co. as Joint Statutory Auditors to its members. The Board of Directors approved the proposal at its meeting held on June 16, 2026, following the recommendation of the Audit Committee. The appointments are subject to the approval of shareholders at the annual general meeting.

The term of the existing statutory auditors, M/s Raj Har Gopal & Co. and M/s Brahmayya & Co., will conclude at the end of the 19th annual general meeting. Consequently, the Board has proposed new tenures for the incoming auditors to ensure continuity and compliance with regulatory requirements.

Appointment Details

The Board has proposed distinct terms for the two audit firms. M/s Brahmayya & Co. is recommended for a one-year term, whereas M/s M Bhaskara Rao & Co. is proposed for a longer, consecutive four-year term.

Auditor	Term of Office	Duration
M/s Brahmayya & Co.	From the conclusion of the 19th annual general meeting until the conclusion of the 20th annual general meeting	One year
M/s M Bhaskara Rao & Co.	From the conclusion of the 19th annual general meeting until the conclusion of the 23rd annual general meeting	Four years

Auditor Profiles

M/s Brahmayya & Co., Chartered Accountants, was founded in 1932. Its service portfolio includes statutory, internal, systems, and management audits, along with tax consultancy and business valuation. The firm also engages in the review and structuring of financial and managerial resources.

M/s M Bhaskara Rao & Co. was established in 1961. The firm offers professional services with a focus on audit and assurance, including statutory, tax, and internal audits. Its expertise extends to direct and indirect taxation, tax advisory on international transactions, and business advisory services.