General Insurance Corporation of India has informed the Exchange regarding Cessation of Ms Radhika C. S. as Executive Director of the company w.e.f. Jun 30, 2025.
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General Insurance Corporation of India (GIC Re) has informed stock exchanges that Ms. Radhika C. S. (DIN: 10703999) has superannuated from services and consequently ceased to be Executive Director of the company with effect from close of office hours on June 30, 2025. She was originally appointed to the Board by the Central Government (Ministry of Finance) vide letter dated July 9, 2024, for a tenure up to her date of superannuation. The corporation has placed on record its appreciation for her contribution during her tenure. This is a routine, planned retirement at superannuation age rather than a mid-tenure exit.
This is a planned leadership transition upon reaching retirement age and is not expected to materially affect the company's operations or stock price. Investors may await news of her successor appointment by the Central Government.