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
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Full Announcement
The New India Assurance Company Limited has informed the Exchange about General Updates
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NIACL_09092026131744_Reg_30_OFS_NSE.pdf
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fqq Er<vrqp+rtdilrfrfrftes Phone :022-22708100
22708400
LTD. website:
THE NEW INDIA ASSURANCE COMpANy www.newindia.co.in
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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
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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