Religare subsidiary Care Health Insurance allots ₹100 Cr NCDs at 10% coupon
- Care Health Insurance allotted ₹100 crore in subordinated NCDs at a 10% coupon
- The 10-year instruments feature a call option after five years
- Interest payments are subject to IRDAI solvency margin regulations
- Debentures will list on the NSE debt segment on September 22, 2026
- The issue was raised via private placement in dematerialized form
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September 22, 2026