The company stated that the issuance may be executed in one or more tranches on a private placement basis. The Capital Raising Committee will consider terms for unsecured, rated, listed, redeemable, fully paid-up, non-cumulative, subordinated, non-convertible debentures. Shares of HDFC Life Insurance Company Ltd ended at ₹759.00, down by ₹7.70, or 1.00%, on the BSE.
