General Insurance Corporation of India

General Insurance Corporation of India (GIC Re) has informed shareholders about the upcoming dividend payment and the implications of the Income Tax Act, 2025. The Board of Directors recommended a dividend of ₹13.25 per equity share for FY 2025-26, subject to shareholder approval at the 54th AGM. The record date is set for September 4, 2026. Due to changes in the Income Tax Act, dividend income will be taxable in the hands of shareholders, requiring GIC Re to deduct Tax at Source (TDS) at prescribed rates. For resident shareholders, TDS will be 10% unless exempt, with a threshold of ₹10,000 for individuals. PAN linkage with Aadhaar is mandatory; failure to comply will result in a 20% TDS rate. Specific documentary requirements are outlined for certain entities seeking exemption.

General Insurance Corporation of India (GIC) has announced the assumption of office by Shri Hiteshkumar Kismatbhai Bhandari as a Part-time Non-Official Director on its Board. His tenure officially began on 13th August 2026. The company confirmed that Shri Bhandari is not related to any existing directors and has not been debarred from holding a directorship by any regulatory authority, including SEBI. This appointment is in continuation of a previous intimation dated 13th August 2026.

General Insurance Corporation of India (GIC Re) announced its financial performance for the quarter ended June 30, 2026. Gross Premium Income rose by 8.78% to ₹13,475.36 crore from ₹12,388.01 crore in the same period last year. The company saw a significant reduction in its Incurred Claims ratio to 85.04% from 90.42%, leading to a 20.26% decrease in Underwriting Loss to ₹723.87 crore. Profit Before Tax increased by 11% to ₹2,490.25 crore, and Profit After Tax grew by 9.69% to ₹1,922.04 crore. The Solvency Ratio improved to 4.32 from 3.85. Total Assets grew by 5.19% to ₹2,07,789.87 crore, and Net Worth (without fair value change account) stood at ₹53,124.50 crore. Consolidated Gross Premium Income for the group also increased to ₹13,541.51 crore.

General Insurance Corporation of India (GIC) announced its unaudited financial results for the quarter ended June 30, 2026. The results, which were standalone and consolidated, were approved by the Board of Directors at a meeting held today. The company also provided the Auditors' Limited Review Report. The financial results will be available on the corporation's website.

General Insurance Corporation of India announced the outcome of its board meeting held today, where Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, were approved. The results, along with the Auditors' Limited Review Report, were submitted as per SEBI LODR Regulations. The company also stated that the financial results will be available on its website. The board meeting commenced at 9:30 a.m. IST and concluded at 1:25 p.m. IST.

General Insurance Corporation of India (GIC) has announced the appointment of Shri Hiteshkumar Kismatbhai Bhandari as a Part-time Non-Official Director on its Board. This appointment, made by the Ministry of Finance, is effective for a period of three years from August 12, 2026. Shri Bhandari, a Master of Laws (LLM) and a practicing advocate with 26 years of experience in civil and criminal matters, brings significant legal expertise to the board. Further details regarding his assumption of office and profile will be disclosed in due course as per SEBI LODR Regulations.

General Insurance Corporation of India (GIC) has announced a Board of Directors meeting scheduled for August 12, 2026. The primary agenda is to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. Additionally, the board will discuss any other business deemed fit. The trading window for dealing in the company's shares will remain closed for designated persons until 48 hours after the announcement of these financial results, as per SEBI regulations and the company's insider trading code. The notice is also available on the company's website.

General Insurance Corporation of India (GIC Re) has announced that Mr. V. Balkrishna, General Manager, has ceased to be part of the Senior Management team. This change is effective from the close of business hours on July 17, 2026, as he has availed retirement under the company's Voluntary Retirement Scheme (VRS). This intimation is made pursuant to Regulation 30 read with Schedule III of the Listing Regulations.

General Insurance Corporation of India (GIC Re) has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with GIC Re's "Code of Conduct for Prohibition of Insider Trading – 2025". The trading window will be shut from July 1st, 2026, and will reopen 48 hours after the announcement of the financial results for the quarter ended June 30th, 2026. The specific date for the Board meeting to consider these results will be intimated separately. This action is taken to comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

General Insurance Corporation of India (GIC Re) has relaunched the 'Saksham Niveshak' campaign from April 1 to July 9, 2026, in response to a request from the Investor Education and Protection Fund Authority (IEPFA). The campaign aims to encourage shareholders to update their KYC details and claim unpaid or unclaimed dividends before they are transferred to the IEPF. Shareholders are urged to submit necessary forms like ISR-1, ISR-2, and SH-13 to update PAN, nomination, contact information, and bank details. Physical shareholders must complete KYC updates, and dividends will only be credited electronically after information is updated. Forms can be submitted physically to KFin Technologies Limited or via email with digital signatures. Shareholders with already transferred unclaimed dividends/shares can claim them by filing e-form IEPF-5.