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Company Profile

GENERAL INSURANCE CORPORATION OF INDIA

NSE : GICREBSE : 540755ISIN CODE : INE481Y01014Industry : InsuranceHouse : PSU
BSE337.45-3.6 (-1.06 % )
PREV CLOSE (Rs.) 341.05
OPEN PRICE (Rs.) 342.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 72530
TODAY'S LOW / HIGH (Rs.)335.55 343.65
52 WK LOW / HIGH (Rs.)170.2 467
NSE337.60 -3.4 (-1 % )
PREV CLOSE(Rs.) 341.00
OPEN PRICE (Rs.) 343.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 337.60 (4967 )
VOLUME 581684
TODAY'S LOW / HIGH(Rs.) 335.60 343.40
52 WK LOW / HIGH (Rs.)170.5 467.8

Company News

Date Heading Details
12-Mar-2024 Announcement Under Reg. 30 - Update Regarding Appointed Actuary (Non- Life Reinsurance Business) Please find enclosed letter informing update regarding appointed actuary.
06-Feb-2024 Clarification sought from General Insurance Corporation of India The Exchange has sought clarification from General Insurance Corporation of India on February 6, 2024, with reference to Movement in Volume. The reply is awaited.
08-Dec-2023 General Insurance Corporation of India informs about appointment of CS cum CO <div style="text-align: justify;">General Insurance Corporation of India has informed that the Board of Directors in its meeting held today have considered and approved the appointment of&nbsp; Suresh Savaliya (Membership Number: ACS A15545) as Company Secretary, Compliance Officer &amp; Key Managerial Personnel of the Corporation in place of Satheesh Kumar, Deputy General Manager, Company Secretary, Compliance Officer &amp; Key Managerial Personnel of the Corporation. The appointment shall be effective from the date of taking charge of the office of Company Secretary, Compliance Officer &amp; Key Managerial Personnel by Shri Suresh Savaliya. His terms of appointment have been recommended by the Nomination and Remuneration Committee (NRC) and approved by the Board of Directors. His Brief profile is enclosed. It may further be noted that the actual date of taking charge of office of Company Secretary, Compliance Officer &amp; Key Managerial Personnel by Suresh Savaliya will be intimated in due course.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
08-Dec-2023 General Insurance Corporation of India informs about outcome of board meeting <div style="text-align: justify;">Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and provisions of Section 203 of the Companies Act, 2013 read with relevant applicable rules, General Insurance Corporation of India has informed that the Board of Directors in its meeting held today have considered and approved the appointment of Suresh Savaliya (Membership Number: ACS A15545) as Company Secretary, Compliance Officer &amp; Key Managerial Personnel of the Corporation in place of Satheesh Kumar, Deputy General Manager, Company Secretary, Compliance Officer &amp; Key Managerial Personnel of the Corporation. The appointment shall be effective from the date of taking charge of the office of Company Secretary, Compliance Officer &amp; Key Managerial Personnel by Suresh Savaliya. Also informed that the Board of Directors at its meeting held today have considered and approved the appointment of Ashwani Kumar Arora as Appointed Actuary (Non- Life Reinsurance Business) of the Corporation in place of Sateesh Bhat. The appointment shall be effective from the date of taking charge of the office by Ashwani Kumar Arora, to be intimated in due course.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
10-Aug-2023 General Insurance Corporation of India informs about outcome of board meeting <p style="text-align: justify;">Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other applicable requirements, General Insurance Corporation of India has forwarded a copy of the unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2023 together with the Auditors' Limited Review Report approved by the Board of Directors at its meeting held today. A copy of the press release being issued in this connection is also attached. The same will also be available on the website of the Corporation at www.gicre.in. The Board meeting commenced at 11.00 am and concluded at 03:45 pm.</p><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
26-May-2023 General Insurance Corporation of India informs about inadvertent error in press release <p style="text-align: justify;">With reference to its communication Ref. No.: GIC-HO/BOARD/SE-Q4-OBM/47/2023-24 dated 25th May 2023, regarding the Press Release ‘GIC Re announces Financial Performance for the year ended 31.03.2023'. In this regard, General Insurance Corporation of India has informed that inadvertent error occurred in the said Press release in respect of the following: On page no. 1, the Net worth of the Company (without fair value change account); On page no. 2, amount mentioned under column ‘Quarter ended 31.03.23' &amp; ‘Quarter ended 31.12.22' in serial nos. 4 (‘Incurred Claims') of Summary of Revenue and Profit and Loss Account; On page no. 2, amounts mentioned under column ‘Quarter ended 31.03.23' in serial nos. 11 to 18 (from ‘Premium Deficiency' to ‘Profit /(Loss) after Tax') of Summary of Revenue and Profit and Loss Account; On page no. 4, Group's Net worth (without fair value change account). The above-mentioned errors have been rectified in the revised version as uploaded.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>