HDFC Life Insurance Company raises fund of ₹350 crores through NCDs

The Debentures shall be listed on the WDM segment of the National Stock Exchange of India Limited, within 4 (four) trading days from the deemed date of allotment or such period as may be prescribed by SEBI, from time to time

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The Capital Raising Committee of HDFC Life Insurance Company Ltd vide its resolution June 22, 2022, allotted 3,500 unsecured, rated, listed, subordinated, redeemable, fully paid-up, non-convertible debentures, each having a face value of ₹10,00,000/- for an aggregate nominal value of ₹350,00,00,000/-

The Debentures shall be listed on the WDM segment of the National Stock Exchange of India Limited, within 4 (four) trading days from the deemed date of allotment or such period as may be prescribed by SEBI, from time to time.

Shares of HDFC Life Insurance Company Ltd was last traded in BSE at ₹564.30 as compared to the previous close of ₹553.50. The total number of shares traded during the day was 39488 in over 2780 trades.

The stock last hit in BSE,

  • Intraday High of ₹563.00
  • Intraday low of ₹ 550.65