GIC of India Share Price Today

GIC appoints Prerana Puthran as Chief Risk Officer effective Oct 9, 2026

General Insurance Corporation of India appointed Mrs. Prerana Puthran as Chief Risk Officer and Key Managerial Person effective October 9, 2026. The appointment was approved by the Board under SEBI Regulation 30 and IRDAI Corporate Governance Regulations 2024. Mrs. Puthran joins from the post of Deputy General Manager, having headed Enterprise Risk Management, CSR, and Investment Mid Back. She succeeds Ms. Jayashri Balkrishna, Executive Director, in the CRO role. The Board also granted in-principal approval for temporary office relocation for maintenance purposes.

GIC appoints two firms as joint statutory auditors for FY27

GIC appointed M/s S H B A & Co LLP and M/s S A R A & Associates as joint statutory auditors for FY27. Appointment advised by C&AG via letter dated September 8, 2026, and approved by Board on October 1, 2026. Both firms hold ICAI peer review certificates and possess extensive experience in statutory and internal audits.

GIC Re shareholders approve ₹13.25 dividend with 99.89% votes

GIC Re shareholders approved a final dividend of ₹13.25 per share for FY26. All seven resolutions passed at the 54th AGM held on September 22, 2026. Hitesh Rameshchandra Joshi appointed as CMD with 99.62% votes in favour. Adoption of FY26 financial statements approved with 98.76% support.

GIC Re cuts dividend to ₹13.25, reschedules AGM to Sept 22

GIC Re reschedules 54th AGM to September 22, 2026. Final dividend recommendation reduced to ₹13.25 per share. Record date for dividend eligibility remains September 4, 2026. Hitesh Joshi appointed CMD effective June 16, 2026.

GIC Re files FY26 BRSR report detailing sustainability metrics

Total energy consumption fell to 3501.58 GJ from 4063.09 GJ in FY25. GHG emissions declined to 752.35 metric tonnes CO2 equivalent. Workforce grew to 503 employees with a 5.88% turnover rate. Zero waste generated in FY26 versus 1.8 metric tonnes in FY25. CSR initiatives benefited over 5,000 individuals across multiple projects.

GIC Re corrects Q1 FY27 investor deck, fixes claim ratio and net worth

GIC Re corrected typographical errors in its Q1 FY27 investor deck regarding incurred claim ratios and net worth. The insurer affirmed no other material changes to the financials, which showed a 104.9% combined ratio and ₹1,922 crore PAT for the quarter.