HDFC Life Insurance Company Limited — Important, 14-02-2025: General Updates

HDFC Life Insurance Company has completed the allotment of 1,00,000 unsecured, rated, listed, redeemable, fully paid-up, non-cumulative, non-convertible debentures, with a face value of ₹1,00,000 each, aggregating to ₹1,000 crore. These subordinated debt instruments, rated “ICRA AAA (Stable)” and “CARE AAA (Stable),” will mature in 10 years, on February 14, 2035. The fixed coupon rate is set at 8.10% per annum, payable annually starting from February 2026. The debentures will be listed on the National Stock Exchange of India. This move strengthens the company's capital structure and offers a secure investment option, reflecting a positive outlook for investors seeking stability in fixed-income securities.