Announced Mon, 19 May · 21:35 IST

The New India Assurance Company Limited has informed the Exchange about General Updates

Kmp ResignedManagement Changes View source PDF

NIACL · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The New India Assurance Company has informed the stock exchanges about a change in its Key Managerial Personnel. Mr. Abhishek Pagaria, currently the Chief Manager of the company, has been appointed as the new Company Secretary and Compliance Officer, replacing Ms. Jyoti Rawat, effective May 20, 2025. The appointment was approved by the Board of Directors at a meeting held on May 19, 2025. Mr. Pagaria is an associate member of the Institute of Company Secretaries of India and a Fellow of the Insurance Institute of India, with 20 years of experience in the general insurance industry, including heading the company's Philippines operations.

Likely market impact

This is a routine internal KMP change with no material impact on the company's operations or financials. The new Company Secretary is a long-standing internal employee with deep industry experience, suggesting continuity in compliance and governance matters.