Announced Fri, 15 May · 20:27 IST

Intimation is enclosed.

Board & Shareholder Meetings View source PDF

GICRE · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹387.95
prior close
₹387.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.3-2.1-2.0+0.0+0.0-0.8-1.7+1.1+0.5+0.0-8.0-7.3
Up moveDown movePending
AI summary

The Board of Directors of General Insurance Corporation of India approved the appointment of Mr. Sanjeeb Mishra as Company Secretary, Compliance Officer and Key Managerial Person (KMP) effective from a date to be announced later. Mr. Sanjeeb Mishra replaces Mr. Satheesh Kumar, who served as General Manager and Company Secretary. The new appointee is a Fellow Member of the Institute of Company Secretaries of India with over 22 years of experience across legal advisory, compliance, litigation, and corporate restructuring in sectors including Banking, NBFC, Infrastructure, and Construction. He notably handled a unique banking-fintech merger completed in just 9 months.

Likely market impact

This is a routine management change in the compliance and secretarial function. The appointment of a qualified and experienced professional as Company Secretary and KMP ensures regulatory compliance continuity. No immediate financial or operational impact on the stock is expected from this change.