Canara HSBC Life Insurance Company logo

Canara HSBC Life Insurance Company MD, chairman, board of directors and AGM

NSE: CANHLIFEBSE: 544583InsuranceSmall Cap

Last close ₹124.75down ₹1.02 (0.81%)BSE ₹124.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹125.77.

52-week range of traded prices to 23 Oct 2026
₹107.10Low, 23 Oct 2025₹166.69High, 21 Jul 2026
Market cap
₹11,851 Cr465th largest listed
P/E
88.7
P/B
7.2
Dividend yield
0.32%
ROE
8.4%
Solvency
1.80times the capital required
Gross premium
₹10,046 Cr
First-year premium
₹2,585 Cr
Expense ratio
18.68%
Persistency, 13 months
86.35%
Conservation
86.57%
Volume, NSE
4,44,64045.2% delivered

Canara HSBC Life Insurance Company board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Company Secretary and Compliance OfficerVatsala Sameer

11 directors6 independent1 executive4 non-executive

  • Suryanarayana SomayajulaIndependent · joined Mar 2021 · reappointed Mar 2024 · 63 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Anuj Dayal MathurExecutive · joined Jul 2015 · 1 listed board · 1 committee seat
  • Geeta MathurIndependent · joined Dec 2020 · reappointed Dec 2023 · 66 months as independent · 6 listed boards · 6 as independent · 9 committee seats, 4 as chair
  • Santanu Kumar MajumdarNon-executive · joined Jul 2025 · 3 listed boards · 4 committee seats
  • Bhavendra KumarNon-executive · joined Jun 2025 · 2 listed boards · 2 committee seats
  • Animesh ChauhanIndependent · joined Apr 2025 · reappointed Apr 2025 · 14 months as independent · 2 listed boards · 2 as independent · 7 committee seats, 4 as chair
  • Rabi Narayan MishraIndependent · joined Apr 2025 · reappointed Apr 2025 · 14 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Amitabh NevatiaNon-executive · joined Jan 2025 · 1 listed board
  • Edward Charles Lawrence MoncreiffeNon-executive · joined May 2024 · 1 listed board · 2 committee seats
  • Supratim BandyopadhyayIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 months as independent · 4 listed boards · 4 as independent · 5 committee seats
  • Kishore Kumar SansiIndependent · joined Oct 2023 · reappointed Oct 2023 · 32 months as independent · 2 listed boards · 2 as independent · 3 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Kalidindi Satyanarayana Raju, left 31 Dec 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 16 Jun 202611 of 11 present6 independent · 48 days in between
    • 28 Apr 202611 of 11 present6 independent · 77 days in between
    • 9 Feb 202611 of 11 present6 independent · 18 days in between
    • 21 Jan 202610 of 11 present6 independent
  • Audit Committee

    Chair Geeta Mathur

    Santanu Kumar Majumdar, Edward Charles Lawrence Moncreiffe, Suryanarayana Somayajula, Supratim Bandyopadhyay, Kishore Kumar Sansi, Animesh Chauhan

    • 16 Jun 20267 of 7 present5 independent · 48 days in between
    • 28 Apr 20267 of 7 present5 independent · 77 days in between
    • 9 Feb 20267 of 7 present5 independent · 18 days in between
    • 21 Jan 20267 of 7 present5 independent
  • Nomination and remuneration committee

    Chair Kishore Kumar Sansi

    Santanu Kumar Majumdar, Edward Charles Lawrence Moncreiffe, Supratim Bandyopadhyay, Geeta Mathur, Animesh Chauhan

    • 16 Jun 20266 of 6 present4 independent · 126 days in between
    • 9 Feb 20266 of 6 present4 independent
  • Stakeholders Relationship Committee

    Chair Rabi Narayan Mishra

    Bhavendra Kumar, Edward Charles Lawrence Moncreiffe, Suryanarayana Somayajula, Anuj Dayal Mathur

    • 4 Jun 20264 of 5 present2 independent
  • Risk Management Committee

    Chair Supratim Bandyopadhyay

    Santanu Kumar Majumdar, Edward Charles Lawrence Moncreiffe, Kishore Kumar Sansi, Animesh Chauhan, Anuj Dayal Mathur, Tarun Rustagi, Nitin Agarwal, Vikas Gupta

    • 16 Jun 20266 of 6 present3 independent · 11 days in between
    • 4 Jun 20265 of 6 present3 independent · 114 days in between
    • 9 Feb 20266 of 6 present3 independent
  • Corporate Social Responsibility Committee

    Chair Suryanarayana Somayajula

    Bhavendra Kumar, Edward Charles Lawrence Moncreiffe, Kishore Kumar Sansi, Geeta Mathur, Rabi Narayan Mishra, Anuj Dayal Mathur

    • 4 Jun 20266 of 7 present4 independent · 114 days in between
    • 9 Feb 20267 of 7 present4 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditors

Named in the results for the quarter to Mar 2026.

  • Brahmayya & Co.Peer-review certificate valid to Feb 2028
  • Raj Har Gopal & Co.Peer-review certificate valid to Feb 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Canara HSBC Life Insurance Company AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Canara HSBC Life Insurance Company dividend history

Postal ballot, 16 Oct 2026

82,998 shareholders on the register on 11 Sep 2026; votes counted by Shirin Bhatt / Shirin Bhatt & Associates.The company's voting result (opens in a new tab)

  1. To re-appoint Dr Kishore Kumar Sansi (DIN: 07183950) as Non-Executive Independent Director for a second term of three consecutive years with effect from 27th October 2026.
    SpecialPromoters have an interest in it
    98.43% for1.57% against

    Against: promoters 0.00% · institutions 4.47% · other public 9.67%

    Turnout: all 95.58% · promoters 100.00% · institutions 95.83% · other public 0.63%

  2. To re-appoint Mr Supratim Bandyopadhyay (DIN: 03558215) as Non-Executive Independent Director for a second term of three consecutive years with effect from 28th November 2026.
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.07% · other public 9.66%

    Turnout: all 95.58% · promoters 100.00% · institutions 95.83% · other public 0.63%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Aug 2026, 8 resolutions

84,865 shareholders on the register on 14 Aug 2026; present: 2 promoters and 57 others; votes counted by Shirin Bhatt / M/s Shirin Bhatt and Associates.The company's voting result (opens in a new tab)

  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 of the Company 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.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 95.52% · promoters 100.00% · institutions 95.79% · other public 0.31%

  2. To declare dividend of ₹ 0.40/- per equity share for the financial year ended 31st March 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.30%

    Turnout: all 95.52% · promoters 100.00% · institutions 95.79% · other public 0.31%

  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.
    Ordinary
    99.43% for0.57% against

    Against: promoters 0.00% · institutions 1.61% · other public 3.21%

    Turnout: all 95.52% · promoters 100.00% · institutions 95.79% · other public 0.31%

  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.
    Ordinary
    99.42% for0.58% against

    Against: promoters 0.00% · institutions 1.66% · other public 4.46%

    Turnout: all 95.52% · promoters 100.00% · institutions 95.79% · other public 0.31%

  5. To appoint and approve remuneration of M/s Brahmayya & Co., Chartered Accountants as one of the joint statutory auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.75%

    Turnout: all 95.52% · promoters 100.00% · institutions 95.79% · other public 0.31%

  6. To appoint and approve remuneration of M/s M Bhaskara Rao and Co., Chartered Accountants as one of the joint statutory auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.60%

    Turnout: all 95.52% · promoters 100.00% · institutions 95.79% · other public 0.31%

  7. To approve Material Related Party Transactions with Canara Bank (Promoter) for the financial year 2026-27.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.14%

    Turnout: all 33.52% · promoters 0.00% · institutions 95.79% · other public 0.31%

  8. To approve Material Related Party Transactions with The Hongkong and Shanghai Banking Corporation Limited (HSBC) (Promoter Group) for the financial year 2026-27.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.46%

    Turnout: all 33.52% · promoters 0.00% · institutions 95.79% · other public 0.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 19 Mar 2026, 3 resolutions

87,439 shareholders on the register on 13 Feb 2026; votes counted by Shirin Bhatt / M/s Shirin Bhatt and Associates.The company's voting result (opens in a new tab)

  1. To approve the amendment of Articles of Association to provide nomination rights to Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited
    Special
    91.54% for8.46% against

    Against: promoters 0.00% · institutions 24.20% · other public 4.65%

    Turnout: all 95.33% · promoters 100.00% · institutions 93.92% · other public 0.33%

  2. Approval of material related party transactions with Canara Bank (Promoter) for financial year 2025–26
    OrdinaryPromoters have an interest in it
    96.54% for3.46% against

    Against: promoters 0.00% · institutions 3.46% · other public 4.83%

    Turnout: all 20.33% · promoters 0.00% · institutions 57.28% · other public 0.33%

  3. Approval of material related party transactions with the Hongkong and Shanghai Banking Corporation Limited (HSBC) (Promoter Group) for financial year 2025–26
    OrdinaryPromoters have an interest in it
    96.54% for3.46% against

    Against: promoters 0.00% · institutions 3.46% · other public 4.83%

    Turnout: all 20.33% · promoters 0.00% · institutions 57.28% · other public 0.33%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 20 Aug 2026, 8 fund houses so far (houses' deadline to file 15 Oct 2026)

  • 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 of the Company 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.MoreLess
    8 for0 against
  • To declare dividend of ₹ 0.40/- per equity share for the financial year ended 31st March 2026.
    8 for0 against
  • 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.
    8 for0 against
  • To appoint a director in place of Mr Amitabh Nevatia (DIN - 10891350), who retires by rotation and being eligible, offers himself for re-appointment.
    8 for0 against
  • To appoint and approve remuneration of M/s Brahmayya & Co., Chartered Accountants as one of the joint statutory auditors.
    8 for0 against
  • To appoint and approve remuneration of M/s M Bhaskara Rao and Co., Chartered Accountants as one of the joint statutory auditors.
    8 for0 against
  • To approve Material Related Party Transactions with Canara Bank (Promoter) for the financial year 2026-27.
    8 for0 against
  • To approve Material Related Party Transactions with The Hongkong and Shanghai Banking Corporation Limited (HSBC) (Promoter Group) for the financial year 2026-27.
    8 for0 against

Mutual fund votes, meeting of 19 Mar 2026, 8 fund houses

  • To approve the amendment of Articles of Association to provide nomination rights to Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited
    Against Bandhan Mutual Fund, Franklin Templeton Mutual Fund, HDFC Mutual Fund
    • Bandhan Mutual FundCompliant with law. Transparency concern: Provision grants nomination rights to Promoters holding till cessation of Promoter; Further, No clarity on minimum shareholding threshold. it provides disproportionate power to shareholders holding an immaterial stake in the Company.
    • Franklin Templeton Mutual FundA vote AGAINST the resolution is warranted because the proposal grants board nomination rights to the promoters is not subject to a minimum shareholding threshold, which could result in disproportionate and significant influence/control of such shareholders over the company's board.
    • HDFC Mutual FundAs on date, Canara Bank holds 36.50% and HSBC Insurance (Asia-Pacific) Holdings Limited (INAH) holds 25.50% of the equity share capital of the company; both are designated as Promoters. The proposed amendment allows Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited to nominate three and two directors, respectively, to the board, as long as they continue to be classified as promoters. In the event INAH’s shareholding in the company exceeds that of Canara Bank, INAH will be entitled to nominate three directors, while Canara Bank will be entitled to nominate two directors. These nomination rights will remain in force as long as Canara Bank and INAH continue to be classified as promoters or hold any shares in the company. Therefore, in case the promoter shareholding reduces – either through sale or dilution – they will continue to hold these board nomination rights. We believe board nomination rights must be linked to a shareholding threshold: we support board nomination rights in the ratio of shareholding, with a baseline shareholding of at least 10%. Therefore, we do not support the resolution.
    5 for3 against
  • Approval of material related party transactions with Canara Bank (Promoter) for financial year 2025–26
    8 for0 against
  • Approval of material related party transactions with the Hongkong and Shanghai Banking Corporation Limited (HSBC) (Promoter Group) for financial year 2025–26
    8 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it.