General Insurance Corporation of India has informed the Exchange regarding Change in Director(s) of the company.
GICRE · price
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Shri Ramaswamy Narayanan has ceased to be the Chairman-cum-Managing Director of General Insurance Corporation of India (GIC Re) with effect from the close of business hours on 30th September 2025, upon completing his term on attaining superannuation. The company has acknowledged his contribution during his tenure on the Board. The announcement was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. No successor has been named in this disclosure.
For shareholders, this is a routine top-level leadership transition at a government-owned insurer. With the CMD seat now vacant, investor focus will shift to how soon a successor is appointed by the government, as leadership continuity matters for strategic execution at GIC Re.