Nature of the Event
Regulatory disclosure regarding the resignation of Chief Financial Officer Mr. Tarun Rustagi from Canara HSBC Life Insurance Company Limited.
Key Details
- Mr. Tarun Rustagi tendered his resignation as Chief Financial Officer on August 25, 2026 to pursue growth opportunities outside the organization.
- The resignation was accepted by Managing Director & Chief Executive Officer Mr. Anuj Mathur on August 31, 2026.
- Mr. Rustagi's last working day with the company will be November 24, 2026, providing a three-month notice period for transition.
Parties Involved
- Resigning Officer: Mr. Tarun Rustagi, Chief Financial Officer
- Accepting Authority: Mr. Anuj Mathur, Managing Director & Chief Executive Officer
- Regulatory Recipients: National Stock Exchange of India Limited (NSE) and BSE Limited
Document Context
This is a regulatory filing submitted to both National Stock Exchange of India Limited (NSE Symbol: CANHLIFE) and BSE Limited (Security Code: 544583) on August 31, 2026. The filing includes the resignation letter and acceptance correspondence as Annexure-A.
Tenure and Achievements Mentioned
Mr. Rustagi noted in his resignation letter that he completed a seven-year tenure with the organization, during which significant progress was made including the company becoming "financially strong" and "more data oriented." He specifically highlighted the successful listing of the organization and raising capital from the market as significant milestones during his tenure.
Transition Arrangements
Mr. Mathur requested Mr. Rustagi to "coordinate internally with colleagues to ensure a smooth transition of your responsibilities during the notice period." Mr. Rustagi had similarly offered assistance during the transition to ensure a "smooth and seamless handover."