The Sahara Pariwar’s latest foray is in the field of Life Insurance. The Pariwar’s life insurance company – Sahara India Life Insurance Company Ltd.- has been granted licence by the insurance regulator – the IRDA on 6th February 2004. With this approval Sahara India Life Insurance Company Ltd. becomes the first wholly and purely Indian company, without any foreign collaboration to enter the Indian Life insurance market. The launch is with an initial paid up capital of 157 crores. The Chairman of the company is Shri Subrata Roy Sahara who is also the Chairman of Sahara Pariwar. 

The members of the board are:

Name	Designation
Shri Subrata Roy Sahara	Chairman
Smt. Swapna Roy	Director
Shri O.P. Srivastava	Director
Shri R. S. Rathore	Additional Director
Shri Brijendra Sahay	Additional Director
Shri Sanjay Agarwal	Additional Director

The senior officials of the company are as follows:

 

Name	Designation	Tel. No.
Shri Sanjay Agarwal	Chief Executive Officer (Officiating) and Additional Director Chief Finance Officer	0522-2329568
Shri. Pravir Chandra	Appointed Actuary	0522-2331077
Shri S. Rajagopalan	Chief Investment Officer	022-66756231
Mr. Parakh Tandon	Company Secretary, Compliance Officer & Grievance Redressal Officer	0522-2337777

The registered office of the Company is at Lucknow:

Registered Address:
Sahara India Centre, 2 Kapoorthala Complex,
Lucknow-226024
Tel No. : 0522-2337777
Fax : 0522 – 2378200