The New India Assurance Company Limited has informed the Exchange regarding Cessation of Mrs Smita Srivastava as Executive Director of the company w.e.f. December 31, 2025.

Kmp ResignedManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹155.90

prior close

₹157.00

announcement price

After-mkt

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.4%-0.5% vs market

General Insurance peers, median of 5sector-0.4%+0.3% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 0.3 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

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Reaction day

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Next day

+0.9+1.4-0.5+0.6+0.3

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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

The New India Assurance Company Limited has informed the stock exchange that Mrs. Smita Srivastava ceased to be Executive Director of the company with effect from December 31, 2025. The intimation was filed on the same date, December 31, 2025. No reason for the cessation has been disclosed in this filing. The company has not yet announced a replacement in this announcement.

Likely market impact

The departure of an Executive Director at a large public-sector insurer could create short-term leadership uncertainty. Shareholders should watch for a formal succession announcement in the coming weeks to assess any impact on strategy or operations.