intimation is enclosed.
Awaiting price reaction for this filing.
General Insurance Corporation of India (GIC Re) has appointed Mr. Satheesh Kumar as its Company Secretary, Compliance Officer and Key Managerial Personnel with effect from 30th April 2025. Mr. Satheesh Kumar is an Associate Member of the Institute of Company Secretaries of India (ICSI) and also a Member of the Institute of Chartered Accountants of India. He has been working with GIC Re since 1999 and has handled roles across Investment Accounts, Credit Reinsurance and Marine Reinsurance departments, and is currently in the Board Secretariat. The appointment was approved by the Board of Directors at its meeting held on 30th April 2025 (11:30 am to 12:40 pm) and signed off by Chairman & Managing Director Ramaswamy Narayanan. The filing is made under SEBI Listing Regulations, 2015, referencing an earlier communication dated 19th March 2025 regarding KMP matters.
This is a routine internal key managerial appointment to a compliance-critical role, and since Mr. Satheesh Kumar is a long-serving internal employee, it should ensure continuity in governance and compliance functions with no material impact on shareholders or stock price.