
Corporate Governance9 Sept 2026, 06:00 pm
Canara HSBC Life Insurance Reappoints Two Independent Directors
AI Summary
Canara HSBC Life Insurance Company Ltd announced the re-appointment of Dr. Kishore Kumar Sansi and Mr. Supratim Bandyopadhyay as Non-Executive Independent Directors. Both directors will serve a second term of three consecutive years, commencing from October 27, 2026, and November 28, 2026, respectively. The re-appointments are subject to shareholder approval. The company confirmed that both individuals meet the independence criteria as per SEBI regulations and the Companies Act, 2013, and are not debarred from holding directorships. This move reinforces the company's board stability and governance structure.
Key Highlights
- Two independent directors re-appointed for a second 3-year term.
- Re-appointments are subject to shareholder approval.
- Directors meet independence criteria under SEBI and Companies Act.
- Board stability maintained with experienced independent directors.
Price Impact
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