The Company wishes to inform the Exchanges regarding a typographical error on Page no. 88 of the Annual Report 2024-25 of the Company.
NIACL · price
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The New India Assurance Company (NIACL) has informed the stock exchanges about a typographical error on page 88 of its Annual Report for FY 2024-25. The error was in point 5(a) and 5(b) under the 'Annual Report on CSR Activities' section. The company has corrected it and uploaded the updated Annual Report on its website. Importantly, the total CSR obligation for FY 2024-25 was reported correctly in the original report, and the company confirms the error has no impact on its financials or disclosures.
This is a purely administrative correction with no material effect on financials, CSR numbers, or shareholder value. Investors should not expect any impact on the stock price from this disclosure.