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ICICI Prudential Life Insurance Company Ltd - Announcement under Regulation 30 (LODR)-Meeting Updates
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29 Oct 2020
With reference to the letter dated October 26, 2020 and pursuant to provisions of Regulation 30 and Part A of Schedule III of the SEBI (LODR) Regulations, 2015, please be informed that the Strategy Committee has at its meeting held on October 29, 2020, which commenced at 5.00 p.m. IST and concluded at 5.14 p.m. IST, inter alia, approved the terms of issuing debt instruments in the nature of 12,000 rated, listed, subordinated, redeemable, taxable, unsecured, fully paid-up, non-cumulative, non-convertible debentures, each having a face value of Rs.10,00,000/-, aggregating to ? 12.00 billion, being the issue size, for cash, at par, in dematerialised form, on private placement basis, subject to regulatory and any other approval(s), as may be required. Further, the details in relation to the Issue including the coupon rate shall be intimated in due course. &lt;BR&gt; &lt;BR&gt; Further, the said Debentures are proposed to be listed on the Wholesale Debt Market segment of the NSE Limited.
View all announcements for ICICI Prudential Life Insurance Company Ltd Source: BSE India

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