Outcome of Board Meeting

Ref. No.: GIC-HO/BOARD/SE-Q2-OBM/263/2026-27 Date: 30th October 2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Ltd. 25th Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot C/1, Dalal Street G Block, Bandra Kurla Complex Mumbai – 400001 Mumbai - 400051 Scrip Code: (BSE – 540755/ NSE – GICRE) Sub: Outcome of Board Meeting held on 30th October 2026 Dear Sir/Madam, 1. Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015), we forward herewith a copy of the Unaudited Financial Results (Standalone and Consolidated) for the period ended 30th September 2026, together with the Auditors’ Limited Review Report approved by the Board of Directors at its meeting held today. Disclosure on Related Party Transaction for the Half Year ended 30th September 2026, is being submitted separately in XBRL Format, in compliance with provisions of Regulation 23(9) of SEBI (LODR) Regulations, 2015. 2. The Board of Directors at its meeting held today took note of the letter submitted by Ms. Jayashri Balkrishna, Executive Director opting for voluntary retirement under the Corporation’s Voluntary Retirement Scheme (VRS) due to personal reasons and consequently relinquishing her office as Executive Director (Key Managerial Personnel) of the Corporation with effect from the date of her being relieved from the services of the Corporation. The effective date of her relieving shall be intimated to the Exchanges in due course. The same will also be available on the website of the Corporation at www.gicre.in . The Board meeting commenced at 16:00 Hrs and concluded at 18:30 Hrs. Request you to kindly take the above information on record. Thanking You. For General Insurance Corporation of India (Satheesh Kumar) Company Secretary & Compliance Officer Encl.: A/A Public SHBA&COLLP S A R A & Associates (Formerly Bathiya & Associates LLP) Chartered Accountants Chartered Accountants 202, May Building, 297/299/301, 912, Solaris One, Princess Street, Near Marine Lines Flyover, N. S. Phadke Road, Marine Lines, Mumbai - 400 002 Andheri East, Mumbai -400 069 Independent Auditor's Limited Review Report on Quarter and half year ended Unaudited Standalone Financial Results of General Insurance Corporation of India pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended read with IRDA Circular No.: IRDA/F & A/CIR/ LFTD/027/01/2017 dated January 30, 2017 The Board of Directors, General Insurance Corporation of India 1. We have reviewed the accompanying statement of unaudited standalone financial results of General Insurance Corporation oflndia (the "Corporation") for the Quarter and half year ended September 30, 2026 (the "Statement"), being submitted by the Corporation pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the "Regulations"), read with IRDA Circular No. IRDA/F&A/CIR/LFTD/027/01/2017 dated January 30, 2017 (the "Circular"). This Statement which is the responsibility of the Corporation's Management has been prepared in accordance with the recognition and measurement principles laid down in the Accounting Standard 25 " Interim Financial Reporting" ("AS 25"), prescribed under Section 133 of the Companies Act, 2013 (the "Act") as amended read with relevant rules issued thereunder, accounting and presentation principles as prescribed in the relevant provisions of the Insurance Act, 1938 (the "Insurance Act"), the Insurance Regulatory and Development Authority Act, 1999 (the "IRDA Act") and Insurance Regulatory and Development Authority oflndia (Actuarial, Finance and Investment Functions oflnsurers) Regulations, 2024, as amended (the "IRDA Financial Statements Regulations") and orders/directions/circulars issued by the Insurance Regulatory and Development Authority of India ("IRDAI"/ "the Authority") to the extent applicable and other recognized accounting practices and policies and approved by the Board of Directors of the Corporation. Our responsibility is to issue a review report on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (the" ICAI"). This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Corporation personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion. In the conduct of our review, we have not covered foreign and Indian branches. Page 1 SHBA& COLLP S A R A & Associates (Formerly Bathiya & Associates LLP) Chartered Accountants Chartered Accountants 202, May Building, 297/299/301, 912, Solaris One, Princess Street, Near Marine Lines Flyover, N. S. Phadke Road, Marine Lines, Mumbai - 400 002 Andheri East, Mumbai -400 069 3. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited Standalone Financial Results prepared in accordance with the AS 25 prescribed under Section 133 of the Act as amended read with relevant rules issued thereunder, accounting and presentation principles as prescribed in the relevant provisions of the Insurance Act, the IRDA Act and IRDA Financial Statements Regulations, orders/ directions/ circulars issued by the IRDAI to the extent applicable and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. 4. Other Matters a. We or the branch auditors did not review the interim financial information of One Indian Branch and Three foreign branches (including one run off branch) included in this Standalone Financial Results whose financial results reflects total Premiums earned (Net) (before eliminations) oft 63,085 Lakhs and t 1,12,408 Lakhs for the quarter and half year ended September 30, 2026 respectively, Total Assets (before eliminations) oft 13,85,024 Lakhs as at September 30, 2026 as considered in the Standalone Financial Results. According to the information and explanations given to us by the Management, these interim financial information are not material to the Corporation. b. Three branches are located outside India whose interim financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and the Corporation's management has converted the interim financial information of such branches located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Corporation's management. Our conclusion in so far as it relates to the balances and affairs of such foreign branches located outside India is based on management certified accounts and the material conversion adjustments workings prepared by the management of the Corporation reviewed by us. Page I 2 SHBA&COLLP S A RA & Associates (Formerly Bathiya & Associates LLP) Chartered Accountants Chartered Accountants 202, May Building, 297/299/301, 912, Solaris One, Princess Street, Near Marine Lines Flyover, N. S. Phadke Road, Marine Lines, Mumbai - 400 002 Andheri East, Mumbai -400 069 c. The actuarial valuation of liabilities in respect of Incurred But Not Reported (the "IBNR") includi [Showing first 8,000 characters — download PDF for full document]