General Insurance Corporation of India has informed the Exchange regarding Cessation of Mr as Non- Executive Director of the company w.e.f. April 17, 2025.
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General Insurance Corporation of India (GIC Re) has informed the stock exchange that a Non-Executive Director has ceased to hold office on the company's board with effect from April 17, 2025. The name of the outgoing director is missing from the public filing. The cessation is a routine change at the board level and the reason (resignation, end of term, or other) has not been specified in the headline. No replacement appointment has been mentioned in this announcement.
This is a routine board-level change involving a non-executive directorship and is unlikely to have a material impact on the company's operations, financials, or share price. Shareholders should watch for any follow-up filing disclosing the reason for cessation or any new appointment to fill the vacancy.