Canara HSBC Life Insurance Company Ltd

Canara HSBC Life Insurance Company Ltd announced the resignation of its Chief Financial Officer, Mr. Tarun Rustagi. Mr. Rustagi has tendered his resignation to pursue growth opportunities outside the organization. His resignation has been accepted by the company, and his last working day is scheduled for November 24, 2026. Mr. Rustagi expressed gratitude for his seven-year tenure, highlighting the company's financial strength, data orientation, and successful listing as key achievements. He has offered to assist in ensuring a smooth transition.

Canara HSBC Life Insurance Company Ltd has executed a Corporate Agency Agreement with The Hongkong and Shanghai Banking Corporation Limited, GIFT City Branch (HSBC IBU) on August 25, 2026. This agreement allows for the distribution of Canara HSBC Life Insurance's products through HSBC IBU's branch in GIFT City, Gujarat. HSBC IBU is an IFSC Banking Unit of The Hongkong and Shanghai Banking Corporation Limited, which is a promoter group entity of Canara HSBC Life Insurance. The transaction is confirmed to be at an arm's length basis. Commissions will be paid as per the company's board-approved policy. No other significant terms, shareholding, or director appointments are involved.

Canara HSBC Life Insurance Company Ltd has announced the resignation of Mr. Edward Charles Lawrence Moncreiffe, a Non-Executive Director. His resignation is effective from the close of business hours on August 21, 2026. This decision follows his resignation from the HSBC Group. Mr. Moncreiffe was also a member of several key board-level committees, including Audit, Investment, Risk Management, and Nomination and Remuneration committees. He expressed gratitude for the support received during his tenure and wished the company continued success.

Canara HSBC Life Insurance Company Ltd has announced its 19th Annual General Meeting (AGM) will be held on Thursday, August 20, 2026, at 3:00 p.m. IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Board of Directors has recommended a final dividend of ₹0.40 per equity share (4%) for the financial year ended March 31, 2026. The record date for the dividend and the cut-off date for e-voting is Friday, August 14, 2026. E-voting will commence on Monday, August 17, 2026, at 9:00 a.m. IST and conclude on Wednesday, August 19, 2026, at 5:00 p.m. IST.

Canara HSBC Life Insurance Company Ltd has dispatched physical letters with a web-link to the Notice of its 19th Annual General Meeting and the Annual Report for FY 2025-26. This communication is for security holders who have not registered their email addresses. The AGM is scheduled for August 20, 2026, via VC/OAVM. The company also reminds shareholders to update their PAN, KYC, bank details, and nomination with the Registrar & Share Transfer Agent, Kfin Technologies Limited, to ensure uninterrupted services and electronic payment modes.

Canara HSBC Life Insurance Company Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI regulations. The report, which forms part of the Annual Report, details the company's performance across nine principles of responsible business conduct, covering ethical governance, sustainable products, employee well-being, stakeholder engagement, human rights, environmental protection, responsible policy influence, inclusive growth, and consumer value. The company's operations are primarily in financial and insurance services, with 100% of its turnover derived from life insurance. The BRSR is available on the company's website. Assurance for the report was not applicable for FY 2025-26.

Canara HSBC Life Insurance Company Ltd has announced its 19th Annual General Meeting (AGM) scheduled for Thursday, August 20, 2026, at 3:00 p.m. IST, to be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The company has dispatched the Notice of the AGM along with the Annual Report for the financial year 2025-26 to its members and debenture holders. The report includes audited financial statements, a proposed dividend of ₹0.40 per equity share, and resolutions for the re-appointment of directors and joint statutory auditors. Remote e-voting will be available from August 17 to August 19, 2026.

Canara HSBC Life Insurance Company Ltd has announced its 19th Annual General Meeting (AGM) will be held on Thursday, August 20, 2026, at 3:00 p.m. IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has dispatched the AGM Notice and Annual Report for the financial year 2025-26 to its members and debenture holders. Physical letters will be sent to those without registered email addresses. Electronic voting facilities, both remote and during the AGM, are available for equity shareholders as of the cut-off date, August 14, 2026. Remote e-voting will commence on August 17, 2026, and conclude on August 19, 2026. The AGM agenda includes adopting financial statements, declaring a dividend of ₹0.40 per equity share, and appointing/re-appointing directors and statutory auditors.

Canara HSBC Life Insurance Company Ltd has announced its 19th Annual General Meeting (AGM) will be held on Thursday, August 20, 2026, at 3:00 p.m. IST via Video Conferencing. The Board of Directors has recommended a final dividend of ₹0.40 per equity share (4%) for the financial year ended March 31, 2026. The record date for the dividend and the cut-off date for e-voting is Friday, August 14, 2026. E-voting will commence on Monday, August 17, 2026, at 9:00 a.m. IST and conclude on Wednesday, August 19, 2026, at 5:00 p.m. IST.

Canara HSBC Life Insurance Company Ltd reported strong business momentum for the quarter ended June 30, 2026. The company's Annualised Premium Equivalent (APE) grew by 18.8% year-on-year to ₹585 crore, while Value of New Business (VNB) surged by 28.8% to ₹124 crore. New Business Premium increased by 25.2% to ₹1,044 crore. The protection business showed significant growth, up 41.5% YoY, contributing 13% to the total APE. Profit After Tax (PAT) rose by 20.2% to ₹28 crore. Assets Under Management (AUM) grew by 13.8% to ₹49,683 crore. The company highlighted its diversified distribution model and strategic partnerships, including one with West Bengal Gramin Bank, as key drivers for its performance.