Management Change16 Jun 2026, 07:40 pm
Canara HSBC Life Recommends Re-appointment of Two Directors
AI Summary
Canara HSBC Life Insurance Company Ltd has announced that its Board of Directors, in a meeting held on June 16, 2026, recommended the re-appointment of Mr. Santanu Kumar Majumdar and Mr. Amitabh Nevatia. These non-executive directors are retiring by rotation and are proposed for re-appointment at the upcoming 19th Annual General Meeting, in accordance with Section 152(6) of the Companies Act, 2013. Both directors have confirmed they are not debarred from holding office by any SEBI order.
Key Highlights
- Board recommends re-appointment of two non-executive directors.
- Directors retiring by rotation to be proposed for re-election.
- Re-appointment subject to member approval at the AGM.
- Directors confirmed not debarred by SEBI orders.
Price Impact
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