Canara HSBC Life Insurance Recommends Reappointment of Directors Retiring by Rotation
Canara HSBC Life Insurance Company Limited has recommended the re-appointment of two non-executive directors who are liable to retire by rotation. The recommendation was made by the Board of Directors during its meeting held on June 16, 2026.The company proposed the reappointment of Mr Santanu Kumar Majumdar and Mr Amitabh Nevatia at the ensuing 19th Annual General Meeting. Both directors are liable to retire by rotation as per Section 152(6) of the Companies Act, 2013.
The Board approval for both directors was recorded on June 16, 2026, subject to subsequent ratification by the members at the annual general meeting.
Key details regarding the re-appointment include:
| Director | Reason for Re-appointment | Date of Board Approval | Status Check |
|---|---|---|---|
| Mr Santanu Kumar Majumdar (DIN: 08223415) | Re-appointment as liable director | June 16, 2026 | Not debarred by any SEBI Order or authority. |
| Mr Amitabh Nevatia (DIN: 10891350) | Re-appointment as liable director | June 16, 2026 | Not debarred by any SEBI Order or authority. |
The company confirmed that neither director is debarred from holding the office of Director by virtue of any SEBI Order or other relevant authority.
CANHLIFE Stock Price Movement
Shares of Canara HSBC Life Insurance Company Limited slipped by 0.65% to settle at ₹139.36 today in the post-market session. Trading activity saw the stock record a volume of 105,360 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.