General Insurance Corporation of India

General Insurance Corporation of India

General Insurance Corporation of India (GIC) has informed the exchange about the launch of the 'Second 100 Days Campaign - Saksham Niveshak' from April 1 to July 9, 2026. This initiative, requested by the Ministry of Corporate Affairs (MCA), aims to encourage shareholders to update their KYC details and claim any unpaid/unclaimed dividends to prevent their transfer to the Investor Education and Protection Fund (IEPF). GIC has provided instructions and forms for shareholders to facilitate this process.

General Insurance Corporation of India

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.

General Insurance Corporation of India

General Insurance Corporation of India (GIC) announced it has received a disclosure from its promoter, the Ministry of Finance, Government of India. This disclosure, made under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, pertains to the sale of GIC's equity shares by the promoter. While the announcement does not include specific details like the quantity or value of shares sold, it indicates a reduction in the Ministry of Finance's shareholding. Investors should note this update as it signifies a change in the company's promoter ownership.