Announced Tue, 26 May · 21:18 IST

General Insurance Corporation of India has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 13.25 per equity share.

Dividend Yield Above 3pctCorporate Actions View source PDF

GICRE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹393.95
prior close
₹396.00
base price
After-mkt
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AI summary

GIC Re's board recommended a final dividend of Rs. 13.25 per equity share (265% on face value of Rs. 5) for FY 2025-26, up from Rs. 10 per share (200%) in FY 2024-25. This 32.5% dividend increase reflects strong full-year performance with net profit after tax of Rs. 839.22 crore, up 25% year-on-year from Rs. 670.14 crore. Gross premiums written grew to Rs. 44,006.74 crore from Rs. 41,153.95 crore. The company's solvency ratio improved to 4.21 from 3.70, and combined ratio improved to 106.02 from 108.81. The dividend is subject to shareholder approval at the 54th AGM, with record date fixed for September 4, 2026.

Likely market impact

The 32.5% dividend increase signals strong financial health and cash generation, and is positive for income-focused investors. The dividend will be paid within 30 days of shareholder approval at the AGM.