HDFC Life Insurance Company Ltd - 540777 - Committee Meeting Intimation - Approval Of Terms Of Issuance For Subordinated Non-Convertible Debentures
Capital Raising Committee of the Board is scheduled to be held on Friday, June 17, 2022, inter-alia, to transact the following business: To approve the commercial terms of the proposed issuance of up to 3,500 unsecured, rated, listed, subordinated, redeemable, non-convertible, fully paid-up debentures each having a face value of ? 10,00,000/- (Rupees ten lakh only) of the aggregate nominal value of up to ? 350 crore (Rupees three hundred and fifty crore only) for cash, at par, in dematerialised form on private placement basis, and in terms of the Insurance Regulatory Development Authority of India (Other Forms of Capital) Regulations, 2015.14-06-2022