Description

BSE announces the listing and admission to dealings of equity shares of Canara HSBC Life Insurance Company Limited with scrip code 544583 and symbol CANHLIFE.

Summary

BSE has informed trading members that equity shares of Canara HSBC Life Insurance Company Limited will be listed and admitted to dealings on the exchange in due course. The company has been assigned scrip code 544583, trading symbol CANHLIFE, and ISIN number INE01TY01017. The specific listing date and security details will be communicated through a separate notice.

Key Points

  • Canara HSBC Life Insurance Company Limited equity shares to be listed on BSE
  • Scrip Code: 544583
  • Trading Symbol: CANHLIFE
  • ISIN Number: INE01TY01017
  • Exact listing date to be announced separately
  • Notice issued by Hardik Bhuta, Assistant Vice President, BSE

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification.

Compliance Requirements

Trading members should:

  • Note the scrip code, symbol, and ISIN for the upcoming listing
  • Await further notice regarding the exact listing date and security details
  • Prepare systems for trading once the listing date is announced

Important Dates

  • Notice Date: October 16, 2025
  • Listing Date: To be announced through separate notice

Impact Assessment

Market Impact: Medium - Adds a new life insurance company to the equity market, providing investors with another option in the financial services sector.

Operational Impact: Low - Standard listing process with no immediate action required until the listing date is announced. Trading members need to update their systems with the new scrip details once the listing date is confirmed.

Sector Impact: The listing expands the life insurance segment on BSE, being a joint venture between Canara Bank and HSBC, potentially attracting investor interest in the insurance sector.

Impact Justification

New equity listing of a life insurance company. Medium impact as it expands trading universe but limited immediate operational requirements for existing market participants.