Canara HSBC Life Insurance Company Limited will hold a meeting of its Board-Level Debt Raising Committee on Friday, 6th March 2026. The committee will approve the key information document and commercial terms for the proposed issuance of unsecured, subordinated, listed, rated, redeemable, non-cumulative, fully paid-up, non-convertible debentures (NCDs) in the nature of 'Subordinated Debt'. This issuance, on a private placement basis, is part of the company's plan to raise funds aggregating up to ₹250 crore (Indian Rupees two hundred fifty crores only) in one or more tranches. The Board had previously approved this fundraising plan on 21st January 2026, and the Debt Raising Committee was constituted on 9th February 2026 to oversee the approval of relevant documents.
