BSECompany Update1d ago · 19 Aug 2026, 05:01 pm
Please refer the attached file for further details.
HDFC Life Insurance Company Ltd · 540777
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HDFC Life Insurance Company Ltd has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) for the re-appointment of Executive Directors, Ms Vibha Padalkar and Mr Niraj Shah, for a further term of 5 years.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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HDFC Life Insurance Company Ltd - 540777 - Approval From The Insurance Regulatory And Development Authority Of India (IRDAI) For Re-Appointment Of Executive Directors
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August 19, 2026
Ref. No.: HDFC Life/CA/2026-27/33
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No C/1, Block G, Sir PJ Towers,
Bandra-Kurla Complex, Dalal Street,
Bandra (East), Fort,
Mumbai- 400 051 Mumbai – 400 001
NSE Symbol: HDFCLIFE BSE Security Code: 540777
Dear Sir/ Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Approval from the Insurance Regulatory and
Development Authority of India (IRDAI) for re-appointment of Executive Directors
In continuation of our intimations dated April 16, 2026 and April 21, 2026, we wish to inform
that, based on the recommendation of the Nomination & Remuneration Committee and the
requisite approval accorded by the Board of Directors, the Company had submitted an
application to IRDAI seeking approval for re-appointment of Executive Directors. IRDAI, vide
its communication dated August 19, 2026, has approved the following:
(i) Re-appointment of Ms Vibha Padalkar (DIN: 01682810) as Managing Director & Chief
Executive Officer for a further term of 5 (five) years with effect from September 12,
2026; and
(ii) Re-appointment of Mr Niraj Shah (DIN: 09516010) as Executive Director & Chief
Financial Officer for a further term of 5 (five) years with effect from April 26, 2026.
It may be noted that the Shareholders of the Company at the Annual General Meeting held
on July 16, 2026 had also approved the above proposals with requisite majority.
This is for your information and appropriate dissemination.
Thanking you,
For HDFC Life Insurance Company Limited
Nagesh Pai
Company Secretary & Compliance Officer