Niva Bupa Health Insurance approves ₹150 Crore NCD redemption

Niva Bupa Health Insurance Company Ltd's Debt Raising Committee has approved the exercise of a call option for 1,500 unsecured, subordinated, listed, rated, redeemable, non-convertible debentures worth ₹1,50,00,00,000 (₹150 Crore). The record date for this redemption has been set as November 02, 2026. The debentures, with ISIN INE995S08010, were initially allotted on November 15, 2021. Redemption at par along with interest will occur on November 13, 2026, which is the preceding business day to the original redemption date of November 15, 2026.