General Insurance Corporation of India Annual General Meeting
GIC Re concluded its 54th AGM, declaring ₹13.25 per share dividend for FY26 and appointing new CMD and directors. The proceedings were filed per SEBI Reg 30.
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GIC Re concluded its 54th AGM, declaring ₹13.25 per share dividend for FY26 and appointing new CMD and directors. The proceedings were filed per SEBI Reg 30.
General Insurance Corporation of India has appointed Shri Divesh Sehara as a Government Nominee Director on its Board, replacing Shri Manoj Muttathil Ayyappan, effective immediately.
General Insurance Corporation of India filed its Business Responsibility & Sustainability Report (BRSR) for the financial year 2025-26 as required under SEBI regulations.
General Insurance Corporation of India has submitted its Annual Report for the Financial Year 2025-26 to the stock exchanges.
General Insurance Corporation of India has issued a notice for its 54th Annual General Meeting scheduled for September 22, 2026. The meeting agenda includes dividend declaration.
GIC Re shows margin improvement via portfolio pruning, yet remains under pressure from intense domestic competition and flat investment income. Management is pivoting toward retail health while reducing underperforming international motor and property exposures.
General Insurance Corporation of India issued a communication to shareholders regarding TDS deduction requirements for the dividend declared for FY 2025-26.
GIC Re reported Q1 FY27 Gross Written Premium of ₹13,475 Cr and PAT of ₹1,922 Cr, maintaining its dominant 52% market share.
GIC Re reported a standalone net profit of ₹1,922.04 Crore for Q1 FY27. Gross premium income grew to ₹13,475.36 Crore, driven by domestic business growth.
General Insurance Corporation of India reported revenue from operations of ₹11,098 Cr (-1.6% YoY) and net profit of ₹1,744 Cr (-31.1% YoY) for Q1 FY27.
General Insurance Corporation of India has appointed Shri Hiteshkumar Kismatbhai Bhandari as a Part-time Non-Official Director on its Board for three years.
General Insurance Corporation of India scheduled a board meeting on August 12, 2026, to approve unaudited quarterly financial results.
Quarterly shareholding pattern disclosure under Regulation 31(1)(b) as of June 30, 2026, detailing promoter and public shareholding statistics for the corporation.
Mr. V. Balkrishna ceased to be General Manager at GIC Re due to retirement under the Voluntary Retirement Scheme. The change is effective July 17, 2026.
GIC Re appointed Shri Hitesh Joshi as CMD effective 16th June 2026. His tenure runs until superannuation on 30th September 2028.
The Government of India will sell up to 5% stake in General Insurance Corporation via OFS at ₹352 floor price. This aims to meet minimum public shareholding norms.
GIC Re reported Q4 FY26 PAT of ₹2,254.24cr, up 3.2% YoY. Performance driven by technical execution and improved solvency amid softening global reinsurance markets.
GIC Re delivered a strong profit growth of 25.2% for FY26 despite a soft global market. Improvement was driven by disciplined underwriting and portfolio optimization rather than cyclical pricing tailwinds.
Shri Ashwani Kumar ceased to be a Non-Executive Director at GIC Re following his tenure completion at UCO Bank. The resignation was effective from May 31, 2026.
General Insurance Corporation submitted its Annual Secretarial Compliance Report for FY 2025-26. The report details governance compliance status and historical regulatory observations for investor review.
GIC Re reported FY26 PAT of ₹8,392 Cr, up 25% YoY, with Standalone Gross Written Premium reaching ₹44,007 Cr and a significantly improved Solvency Ratio of 421%.
General Insurance Corporation of India recommended a final dividend of ₹13.25 per share for FY 2025-26. The record date is fixed for September 4, 2026.
GIC Re reported a standalone Profit After Tax of ₹8,392.18 Crore for FY2026, a 25.23% increase. Gross Premium Income grew to ₹44,006.74 Crore, reflecting strong domestic leadership.
General Insurance Corporation of India reported revenue from operations of ₹10,007 Cr (+0.3% YoY) and net profit of ₹2,533 Cr (+1.3% YoY) for Q4 FY26.
General Insurance Corporation of India reported its FY 2025-26 financial results and recommended a final dividend of Rs. 13.25 per share. Performance highlights the company's annual operational status.
General Insurance Corporation of India scheduled a board meeting on May 26, 2026. Directors will approve annual audited results and recommend a dividend.
General Insurance Corporation of India has appointed Mr. Hitesh Rameshchandra Joshi, the current Executive Director, to the additional charge of Chairman Cum Managing Director. The appointment became effective on April 1, 2026. This leadership update ensures executive continuity at the helm of the Corporation.
General Insurance Corporation of India (GIC Re) announced that the Ministry of Finance approved a three-month extension of additional charge as CMD for Shri Hitesh Ramesh Chandra Joshi, effective April 1, 2026. Mr. Joshi currently serves as an Executive Director at the corporation. This arrangement continues until a regular incumbent assumes the post.
General Insurance Corporation of India received a Rs. 350.47 Crore income tax demand notice for AY 2023-24 from the Income Tax Department. The company intends to appeal the order before the National Faceless Appeal Centre. Management states there is currently nil impact on financial or operational activities.