ICICI Prudential Life Insurance Company Limited (ICICIPRULI) — Board Meeting | 12 September 2025(5 announcements)

ICICI Prudential Life Insurance approved three key resolutions: exercising a call option to redeem ₹12 billion in non-convertible debentures on November 6, 2025 (record date October 20), with simultaneous issuance of up to ₹12 billion in subordinated debt instruments via private placement. The board accepted resignations of two non-executive directors—Solmaz Altin and Anuj Bhargava—effective September 12, 2025, and appointed Navin Tahilyani (Prudential Plc Regional CEO) and Samit Upadhyay (ICICI Bank Head of Retail Assets) as non-executive directors from September 13, 2025. Postal ballot initiated for shareholder approval of the new appointments.

ICICI Prudential Life Insurance's board approved three key resolutions on September 12, 2025. The company will exercise a call option to redeem ₹12.00 billion in non-convertible debentures on November 6, 2025, with record date October 20, 2025. Simultaneously, the board approved issuance of up to ₹12.00 billion in subordinated debt instruments via private placement over twelve months. The board also accepted resignations of two non-executive directors and appointed two new non-executive directors effective September 13, 2025, subject to postal ballot shareholder approval.

ICICI Prudential Life Insurance's board approved redemption of ₹12 billion in non-convertible debentures on November 6, 2025, and concurrent issuance of ₹12 billion in subordinated debt on private placement basis over twelve months. Two non-executive directors resigned effective September 12, 2025, replaced by Navin Tahilyani (Regional CEO at Prudential Plc) and Samit Upadhyay (Head of Retail Assets at ICICI Bank) from September 13, 2025. Postal ballot approval for the new directors will be sought.

ICICI Prudential Life Insurance's board approved redemption of ₹12 billion non-convertible debentures on November 6, 2025, and issuance of up to ₹12 billion in subordinated debt on private placement basis over twelve months. Two non-executive directors resigned effective September 12, 2025. Two new non-executive directors—Navin Tahilyani (Prudential Plc Regional CEO) and Samit Upadhyay (ICICI Bank Head of Retail Assets)—were appointed September 13, 2025, subject to postal ballot shareholder approval.

ICICI Prudential Life Insurance's board approved three key resolutions on September 12, 2025. The company will exercise a call option to redeem ₹12.00 billion in non-convertible debentures on November 6, 2025, with record date set for October 20, 2025. Simultaneously, it approved issuance of up to ₹12.00 billion in subordinated debt instruments via private placement over the next 12 months. The board also accepted resignations of two non-executive directors and appointed two new non-executive directors effective September 13, 2025, subject to shareholder approval via postal ballot.