Description
NSE announces the forthcoming listing of Canara HSBC Life Insurance Company Limited equity shares with symbol CANHLIFE. Listing date to be informed separately.
Summary
National Stock Exchange of India has announced the forthcoming listing of equity shares of Canara HSBC Life Insurance Company Limited following its Initial Public Offering (IPO). The company will trade under the symbol CANHLIFE with ISIN INE01TY01017. The exact date of listing will be communicated through a separate circular.
Key Points
- Company Name: Canara HSBC Life Insurance Company Limited
- Trading Symbol: CANHLIFE
- ISIN: INE01TY01017
- Circular Reference: NSE/CML/70856, Circular No. 2038/2025
- Listing date to be announced separately
- All NSE members informed about the forthcoming listing
Regulatory Changes
No regulatory changes introduced. This is a standard listing announcement.
Compliance Requirements
- NSE members should note the new security details for trading purposes
- Members must await the separate circular announcing the specific listing date before trading commences
- Standard listing compliance and trading rules will apply
Important Dates
- Circular Date: October 16, 2025
- Listing Date: To be announced through separate circular
Impact Assessment
This listing represents the market debut of Canara HSBC Life Insurance Company Limited, a joint venture in the life insurance sector. The impact is moderate as it adds a new tradable security to the exchange in the insurance sector. Members and investors should monitor for the subsequent circular announcing the exact listing date. The listing will provide investment opportunities in the life insurance space and increase market depth in the financial services sector.
Impact Justification
Standard IPO listing announcement for a life insurance company. Medium impact due to new market entrant in insurance sector but routine listing process.