Canara HSBC Life 19th AGM Held August 2026

Meeting Details

The 19th Annual General Meeting (AGM) of Canara HSBC Life Insurance Company Limited was held on Thursday, 20th August 2026. The meeting commenced at 03:00 PM IST and concluded at 04:49 PM IST (including time allowed for e-voting at the AGM). The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The deemed venue was the Registered Office of the Company at 8th Floor, Unit No. 808-814, Ambadeep Building, Plot No. 14, Kasturba Gandhi Marg, New Delhi-110001.

Resolutions Transacted

The following 8 items of business were transacted through e-voting:

Ordinary Business

1. To receive, consider, approve and adopt the Audited Financial Statements of the Company comprising of standalone Audited Revenue Account, Profit and Loss Account and Receipts and Payments Account for the financial year ended 31st March 2026, the Balance Sheet as at that date, including contribution from Profit & Loss Account (Shareholders' Account) to Revenue Account (Policyholders' Account), together with the Reports of the Directors and Auditors thereon.

2. To declare dividend of ₹0.40 per equity share for the financial year ended 31st March 2026.

3. To appoint a director in place of Mr. Santanu Kumar Majumdar (DIN: 08223415), who retires by rotation and being eligible, offers himself for re-appointment.

4. To appoint a director in place of Mr. Amitabh Nevatia (DIN: 10891350), who retires by rotation and being eligible, offers himself for re-appointment.

5. To appoint and approve remuneration of M/s Brahmayya & Co., Chartered Accountants as one of the joint statutory auditors.

6. To appoint and approve remuneration of M/s M Bhaskara Rao & Co., Chartered Accountants as one of the joint statutory auditors.

Special Business

7. Approval of Material Related Party Transactions (RPTs) with Canara Bank (Promoter) for the financial year 2026-27.

8. Approval of Material Related Party Transactions (RPTs) with The Hongkong and Shanghai Banking Corporation Limited (HSBC) (Promoter Group) for the financial year 2026-27.

Voting Process

Remote e-voting commenced at 09:00 AM IST on Monday, 17th August 2026 and concluded at 05:00 PM IST on Wednesday, 19th August 2026. Members participating in the meeting who had not cast their votes through remote e-voting could cast their vote through e-voting facility available at the end of the meeting, which remained open for 30 minutes after conclusion.

Attendance and Proceedings

Mr. Bhavendra Kumar, Director, was unanimously elected to chair the meeting. The following Directors were present through video conferencing throughout the AGM:

• Mr. Amitabh Nevatia (Non-Executive Director)
• Mr. Supratim Bandyopadhyay (Independent Director & Chairman of Risk Management Committee)
• Dr. Kishore Kumar Sansi (Independent Director & Chairman of Nomination and Remuneration Committee and IT sub-Committee)
• Ms. Geeta Mathur (Independent Director & Chairperson of Audit Committee and With-Profits Committee)
• Mr. Suryanarayana Somayajula (Independent Director & Chairman of Corporate Social Responsibility Committee)
• Dr. Rabi Narayan Mishra (Independent Director & Chairman of Stakeholders' Relationship Committee and Investment Committee)
• Mr. Animesh Chauhan (Independent Director & Chairman of Policyholder Protection, Grievance Redressal and Claims Monitoring Committee)
• Mr. Anuj Dayal Mathur (Managing Director & Chief Executive Officer)

Mr. Edward Moncreiffe, Director could not attend due to prior commitments.

The Company Secretary & Compliance Officer confirmed attendance of Directors including the Chairperson of Audit Committee, Nomination & Remuneration Committee and Stakeholders' Relationship Committee.

Other attendees included:

• Mr. C V Ramana Rao, representative of M/s Brahmayya & Co., Chartered Accountants (Joint Statutory Auditor)
• Mr. G K Gupta, representative of M/s Raj Har Gopal & Co., Chartered Accountants (Joint Statutory Auditor)
• Mr. Shashikant Tiwari, representative of M/s Chandrasekaran Associates (Secretarial Auditor)
• Ms. Shirin Bhatt from M/s Shirin Bhatt & Associates, Practicing Company Secretaries (Scrutinizer for e-voting process)

Scrutinizer and Results Declaration

Ms. Shirin Bhatt from M/s Shirin Bhatt & Associates was the Scrutinizer for the e-voting process. The Chairman authorized the Company Secretary & Compliance Officer to receive and declare voting results and submit the same along with Scrutinizer's Report within 2 working days to Stock Exchanges and publish on company website and NSDL.