Board Decision
The Board of Directors of Canara HSBC Life Insurance Company Limited, at its meeting held on 16th June 2026, recommended to the members of the Company the reappointment of two non-executive directors who are liable to retire by rotation.
Directors Recommended for Reappointment
1. Mr Santanu Kumar Majumdar (DIN: 08223415)
2. Mr Amitabh Nevatia (DIN: 10891350)
Legal Basis for Reappointment
The reappointment is proposed in accordance with Section 152(6) of the Companies Act, 2013. Both directors are eligible for reappointment.
Shareholder Approval Requirement
The reappointments are subject to approval by members at the ensuing 19th Annual General Meeting of the company.
Regulatory Compliance Details
The disclosure includes requisite details as mandated under:
- Regulation 30 and Schedule III of SEBI Listing Regulations
- SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Director Status Confirmation
Both directors are confirmed not to be debarred from holding the office of Director by virtue of any SEBI Order or any other such authority.
Financial Impact
No financial impact disclosed in the filing.