Date:13/03/2008 URL: http://www.thehindu.com/2008/03/13/stories/2008031356361800.htm

Business - Briefly

Birla Sun Life Insurance infuses additional capital

MUMBAI: The promoters of Birla Sun Life Insurance (BSLI) have infused an additional capital of Rs.124.50 crore into the capital base of the company. This enhances the Company’s capital to Rs.1,224.50 crore as of February 26. This has been done to meet with the company’s plans on capital expenditure to support the expansion of infrastructure and to conform to the solvency margin requirements as stipulated by the IRDA.