Change in Director(s)

General Insurance Corporation of India (GIC) announced a change in its Board of Directors. The Ministry of Finance has nominated Dr. Debasish Prusty, Additional Secretary, Department of Financial Services, as a Director on the Corporation's Board. This appointment is effective immediately, replacing Shri Tapan Kumar Mondal. For investors, this represents a standard governance update, bringing a senior government official with financial services expertise to the board, which could influence strategic oversight. No direct financial figures or immediate impacts on operations were disclosed.