NSEGeneral Updates9 Sept 2026 · 9 Sept 2026, 01:18 pm

General Updates

The New India Assurance Company Limited · NIACL

✦ AI SummaryDivestiture

The New India Assurance Company Limited has informed the Exchange about General Updates regarding the proposed divestment of 1,05,00,000 equity shares of the National Stock Exchange of India Ltd. (NSEIL) through an Offer for Sale (OFS) through an Initial Public Offering (IPO).

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

The New India Assurance Company Limited has informed the Exchange about General Updates

Attachments (1)

📄

NIACL_09092026131744_Reg_30_OFS_NSE.pdf

pdf

Download →
View document text
fqq Er<vrqp+rtdilrfrfrftes Phone :022-22708100 22708400 LTD. website: THE NEW INDIA ASSURANCE COMpANy www.newindia.co.in t*5,-cq$wmc,rqltm : aqFqrqvtwFRr, 87, qenmqi$qFf, std, iat - +oo oot. Regd & Head Ofllce : New lndia Assurance Bldg., 87, M.G. Road, Fort, Mumbai - 400 001. CIN No. 166000MH1919GO1000s26 Ref. No. : NIACL/ CMD_BoardS ectt I 2026-27 September 9,2026 The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Ltd. ClI, PhirozeJeej eebhoy Tower Exchange Plaza,5th floor, Plot Dalal Street G Block, Bandra-Kurla Compiex Mumbai 4OO 001 Mumbai 40O 051 Scrip Code: (BSE - 540769|NSE - NIACL) Dear Sir/Madam, SUB: Disclosure under Regulation 3O of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirementsl Regulations, 2015 {"Listing Regulations"l- Sale of shares of National Stock Exchange of India Ltd. in its Initial hrblic Offer. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that The New India Assurance Co. Ltd. proposes to divest 1,05,00,000 equity shares of the National Stock Exchange of India Ltd. (NSEIL). This proposed divestment represents 29.83o/o of the total shares currently held by the Company in NSEIL. The transaction will be executed by way of an Offer for Sale (OFS) through an Initial Public Offering (lPO), subject to the receipt of all necessary regulatory approvals. We request you to kindly take this information on record and disseminate the same on your website. Yours Sincerely, For The New India Assurance Company Limited Abhishek Pagaria Company Secretary R ;qgfuqr qq*rq .ilTft ftrFrko ia{ e.or.) THE NEW TNDTAASSURANCE GO. LTD. MUMBAT(H.O.) Annexure SL Particulars Details The amount and percentage of the turnover or revenue o( income and net worth contributed by such unit or division or undertaking or subsidiary or associate company of theTotal Dividend received from NSEIL inFY 2025-26 I listed entity during the last financial year; was Rs. 123,20,00,000 As part of the Offer for Sale process the equity Date on which the agreement for sale has been entered shares have been transferred to the "Escrow 2 into; Account" on 08th September 2026. Ja The expected date of completion of sale/disposal End of September 2026 (As indicated by NSE) will be received post the completion of the Offer for 4 Consideration received from such sale/disposal Sale process. Brief details of buyers and whether any of the buyers The New India Assurance Co. Ltd is tendering belong to the promoter/ promoter group/group companies. equity shares of NSEIL in the Offer for Sale in the 5 lf yes, details thereof proposed NSE IPO. Whether the transaction would fall within related party lransactions? If yes, whether the same is done at "arm's 6 length" No Whether the sale, lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR 7 Regulations No Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by 8 the listed entity with respect to such slump sale Not Applicable