Canara HSBC Life Insurance Company has announced plans to raise ₹250.00 crores through the issuance of non-convertible debentures (NCDs), marking a significant capital-raising initiative by the life insurance provider.

Fundraising Details

The company's decision to tap the debt market through NCDs represents a strategic approach to strengthen its financial position. The proposed fundraising amount demonstrates the insurer's commitment to maintaining robust capital levels in the competitive life insurance landscape.

Strategic Implications

The NCD issuance plan reflects the company's focus on optimizing its capital structure through debt financing. Non-convertible debentures provide companies with access to long-term funding while offering investors fixed-income investment opportunities. For life insurance companies, maintaining adequate capital reserves is crucial for meeting regulatory solvency requirements and supporting business expansion.

Market Context

This fundraising initiative comes as life insurance companies continue to focus on strengthening their balance sheets and expanding their market presence. The debt route through NCDs allows the company to raise capital without diluting existing shareholders' equity, making it an attractive financing option for established insurance providers.

The planned debenture issue underscores Canara HSBC Life Insurance's commitment to maintaining financial stability while positioning itself for future growth opportunities in India's evolving insurance market.

Canara HSBC Life Insurance Company Limited has announced the authorization of its Key Managerial Personnel (KMPs) to determine materiality of events and make disclosures to stock exchanges, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on January 21, 2026, to both NSE and BSE.

Authorized Personnel for Materiality Determination

The Board of Directors has authorized three Key Managerial Personnel to determine the materiality of events or information requiring disclosure to stock exchanges:

Disclosure Authorization Framework

The same three executives have been granted authority for making disclosures of material events or information to the stock exchanges. This dual authorization ensures streamlined decision-making and communication processes for regulatory compliance.

Regulatory Compliance Structure

The authorization falls under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to designate specific personnel for determining materiality and making timely disclosures. The company trades on NSE under the symbol CANHLIFE and on BSE with scrip code 544583, both carrying ISIN INE01TY01017.

Corporate Governance Enhancement

This formal authorization structure establishes clear accountability lines for material event disclosures and ensures compliance with listing obligations. The designated personnel include the company's top leadership across operations, finance, and compliance functions, providing comprehensive oversight of disclosure requirements.

The disclosure has been communicated to both stock exchanges and published on the company's website at www.canarahsbclife.com , ensuring transparency and accessibility for all stakeholders.