Appointment

f{=t gFwrq$rtrqdffi666= Phone :022-22708100 22708400 THE NEW INDIA ASSURANCE COMpANy LTD. website : www.newindia.co.in ttr5,-cqdren+e'nlilq : SEFqrq[+c;uRRdrT, 97, q51q1ffiqFf, stf, $-+{ - +oo oot. Regd & Head Ofllce : New lndia Assurance Bldg., 87, M.G. Road, Fort, Mumbai - 400 001. CIN No. 166000MH1919GO1000s26 Ref No. : NIACL/CMD_BoardSectt I 2026-27 September 30,2026 The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Ltd. Phir oze Jeej eebhoy Tower Exchange Plaza, $tn Floor, Plot C/ 1 Dalal Street G Block, Bandra-Kurla Complex, Mumbai 400 001 Mumbai - 4OO 051 Scrip Code: (BSE 540769/NSE - NIACL) Dear Sir/Madam, Sub: Appolntment of Chairman cum Managing Director Ms. Lavanya R Mundayur on the Board ofthe Company. Pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing and Obligatory Disclosure Requirements) 2015, we wish to inform you that Ministry of Finance vide their notification dated 30tn September 2026 !":'as appointed Ms. Lavanya R Mundayur as the Chairman cum Managing Director of The New India Assurance Co. Ltd with effect from the date of assumption of charge of the post till the date of her super annuation (i.e. 31.05.2029) or until further orders whichever is earlier. Ms. Lavanya R Mundayur has assumed charge with effect from 3oth September 2026. Mr. S Sivasankar, as intimated to the Exchanges on llth September 2026 with respect to the assignment of Additional Charge for the position of CMD, The New India Assurance Co. Ltd, hereby ceases to be so w.e.f. 30ttt September 2026 following the appointment of regular CMD on the board. Brief Profile of Ms. Lavanya R. Mundalrur:- Ms. Lavanya R. Mundayur is currently the Chairman cum Managing Director of Agriculture Insurance Company of India Ltd. (AICIL). She has over three decades of experience in the insurance sector across India and international markets. Previously as General Manager-Technical and Chief Underwriting Officer at New India Assurance, she led the Property, Marine, and Aviation underwriting and claims divisions. A strong advocate for diversity, Ms. Mundalrur became the first female CEO to head New India's GCC operation. While at New India's Dubai office, she was the board/committee member of industry associations such as IBG and GIMIC. ln 2023, she received an Honorary Industrial Doctorate from AIMRI, UAE, for her contributions to the held. She holds a postgraduate degree in Analytical Chemistry, is a Fellow of the Insurance Institute of India, and a Certified Reinsurance Specialist from Singapore College of Insurance. This is for your information and records. Yours Sincerely, For The New India Assurance Company Ltd. Abhishek Pagaria Company Secretary F. No, A-1 1 0 1 110312026-Ins.I Government of India Ministry of Finance f)epartment of Financial Services Jeevan Deep Building, 2"'t floor Sansad Marg, New Delhi- 110 001 Dated: 30rr' Septernb er, 2026 Company Secretary New India Assurance Company Limited Mumbai. Subiect: Appointment of Chairman-cum-Managing Director, NIACL. Sir / Madam, I arn directed to convey the approval of the Central Government in exercise of its powers under article 1 21 of the Articles of Association of New India Assurance Company Limited (NIACL) for appointment of Ms. Lavanya R Mundayur (DoB: 17.05.1969), Chainnan-curn-Managing Director (CMD), Agriculture Insurance Company of India Linrited (AICIL) as CMD, MACL in the scale of pay of Rs. 2,05,400 - 2,24,400/- with effecr from the date of her assumption of charge of the post till the date of her superannuation (i.e. 31.05.2029), or until further orders, whichever is earlier. Copy of the Board's approval for her appointment as CMD in the company be furnished to this Department, alongwith the date of assumption of charge of the office by the incumbent, Yours faithfully (ttfi'. (Abdul Gufran) Under Secretary to the Government of India Tele: 01 I 23748788 Email : abdul, gufran @nicJn Copy to: 1) Ms. Lavanya R Mundayur, CMD, AICIL P.S. to F.M. / PS to MoS (Finance) Sr. PPS / PPS to Secretary (FS) 4) All Additional Secretaries / Joint Secretaries / Economic Advisors / DDG, DFS Deputy Secretary (PE), DoPT, w.r.t, communication No. 18/08/2025-EO(PE) dated29.09.2026 Chairperson, Insurance Regulatory and Development Authority of India 7) CEO & MD, Life Insurance Corporation of India 8 ) Chairman-cum-Mana ging Director, GIC-ReAIICL I OICLMIICL Chief Executive, General Insurance Public Sector Association, New Delhi l0) NIC Cell, with a request to upload tlie order on the website of DFS 11) Guard File )+wW (Abdul Gufran) Under Secretary to Govemment of India