FORM NL-12 & 12A -INVESTMENT SCHEDULE






(Amount in Rs. Lakhs)


NL -12 NL -12A



Shareholders Policyholders Total

Particulars As At 31.03.2023 As At 31.03.2022 As At 31.03.2023 As At 31.03.2022 As At 31.03.2023 As At 31.03.2022

LONG TERM INVESTMENTS





1 Government securities and Government guaranteed bonds including Treasury Bills 1,253,078.38 908,984.00 3,240,350.69 3,042,750.55 4,493,429.07 3,951,734.55
2 Other Approved Securities 701.34 2,179.46 1,813.61 7,295.58 2,514.95 9,475.04
3 Other Investments



- -

( a) Shares - -

- -
(aa)  Equity Indian 1,166,674.35 858,954.32 3,016,917.43 2,875,280.23 4,183,591.78 3,734,234.55
(ab)  Equity Foreign 5,694.99 5,694.99

5,694.99 5,694.99
(bb) Preference - -

- -
( b)  Mutual Funds - -

- -
(c)   Derivative Instruments - -

- -
(d)   Debentures/ Bonds Indian 18,258.33 17,475.27 47,214.45 58,497.07 65,472.78 75,972.34
(d)   Debentures/ Bonds Foreign - -

- -
(e)  Other Securities (to be specified) - -

- -
Guaranteed Equity 1.39 1.15 3.61 3.85 5.00 5.00
(f)    Subsidiaries 74,249.32 74,249.32

74,249.32 74,249.32
(g) Associates - Indian - -

- -
Associates - Foreign 3,154.79 3,154.79

3,154.79 3,154.79
(g)  Investment Properties-Real Estate - -

- -
4 Investments in Infrastructure and Housing 339,062.66 264,992.02 876,786.27 887,039.38 1,215,848.93 1,152,031.40
5 Other than Approved Investments



- -

(a) Equity/Preference/Debentures/Venture Funds 96,109.11 115,611.76 248,529.72 387,001.02 344,638.83 502,612.78

(b) Preference



- -

(c) Debentures /Bond 13,859.06 16,296.93 35,838.31 54,552.65 49,697.37 70,849.58

(d) Venture Funds 3,083.31 2,812.49 7,973.17 9,414.58 11,056.48 12,227.06

(e) Associate Indian 7,000.00 7,000.00

7,000.00 7,000.00

Total 2,980,927.03 2,277,406.50 7,475,427.26 7,321,834.90 10,456,354.29 9,599,241.40

SHORT TERM INVESTMENTS





1 Government securities and Government guaranteed bonds including Treasury Bills 34,572.09 32,823.47 89,400.40 109,873.91 123,972.49 142,697.38
2 Other Approved Securities 2,737.89 659.93 7,079.94 2,209.08 9,817.83 2,869.01
(bb) Preference



- -
(b)   Mutual Funds 23,568.49 11,351.19 60,946.05 37,997.18 84,514.54 49,348.37
(c)   Derivative Instruments - -

- -
(d)   Debentures/ Bonds Indian 5,714.61 16,429.66 14,777.47 54,996.95 20,492.08 71,426.61
(d)   Debentures/ Bonds Foreign



- -
(e)   Other Securities : Commercial Paper )



- -
(f)    Subsidiaries



- -
(g) Associates - Indian



- -
Associates - Foreign



- -
(g)   Investment Properties-Real Estate



- -
4 Investments in Infrastructure and Housing



- -

(a) Debentures /Bond 68,649.53 27,937.16 177,521.65 93,517.39 246,171.18 121,454.55
5 Other than Approved Investments



- -

(a) Preference Shares



- -

(b) Debentures /Bond 35,408.17 28,410.84 91,562.42 95,103.00 126,970.59 123,513.84

(c) Mutual Funds



- -

TOTAL 170,650.78 117,612.25 441,287.93 393,697.51 611,938.71 511,309.76

GRAND TOTAL 3,151,577.81 2,395,018.75 7,916,715.19 7,715,532.41 11,068,293.00 10,110,551.16








Notes:





(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
- Holding company and subsidiary shall be construed as defined in the Companies Act, 1956 as amended by Company Act 2013:
- Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
- Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
- Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
-Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies.  Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information. Significant influence may be gained by share ownership, statute or agreement.  As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case.  Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated. 
- A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b) Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed in the Annexure A as specified below.
(c)  Investments made out of Catastrophe reserve should be shown separately.
(d)  Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e)  Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f)  Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments
(g) Investment Regulations, as amended from time to time, to be referred








A) Aggregate value of Investments other than Listed Equity Securities and Derivative Instruments






(Amount in Rs. Lakhs)

Particulars Shareholders Policyholders Total

As At 31.03.2023 As At 31.03.2022 As At 31.03.2023 As At 31.03.2022 As At 31.03.2023 As At 31.03.2022









Long Term Investments--






Book Value 1,687,464.61 1,205,849.31 4,129,373.08 4,036,973.78 5,816,837.69 5,242,823.09

market Value 1,687,452.24 1,205,881.04 4,129,342.81 4,037,080.01 5,816,795.05 5,242,961.05









Short Term Investments--






Book Value 177,374.15 117,521.12 434,050.01 393,440.27 611,424.16 510,961.38

market Value 177,523.42 117,601.25 434,415.29 393,708.52 611,938.71 511,309.76





















































































































Signature






Full Name Jayashree Ranade






General Manager & CFO