GICREBSEGENERAL INS CORP OF INDIALowNeutral
Announced Thu, 22 Oct, 2026 · 18:55 IST

Postal ballot seeks approval for government nominee director

Board & Shareholder Meetings View source PDFExplain this filing

GICRE · price

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

Price reactionminutes from the announcement price · days from the prior close
+1.1%Reaction day
₹320.00
prior close
₹319.95
announcement price
After-mkt
timing
Nifty Midcap 150market-2.1%+3.2% vs market
General Insurance peers, median of 5sector-2.5%+3.6% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Midcap 150 and 3.6 pts more than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.7
10m
-0.5
15m
-0.5
30m
-1.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.1-2.1+3.2-2.5+3.6
Next day
+1.3-1.0+2.3-1.7+3.0
2d
+0.5pendingpending-1.4+1.9
3d
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4d
—————
5d
—————
1w
—————
15d
—————
1m
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2m
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3m
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UpDownMarket · Nifty Midcap 150Sector · General Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

General Insurance Corporation of India is seeking shareholder approval for the appointment of Divesh Sehara as a Government nominee director, effective 10 September 2026 until further orders. Eligible shareholders can vote electronically from 9:00 a.m. IST on 23 October 2026 to 5:00 p.m. IST on 21 November 2026. The cutoff date is 9 October 2026.

Likely market impact

This is a governance change with no stated effect on earnings, dividends or capital. Shareholders may vote for or against the appointment.