The New India Assurance Company Limited has informed the Exchange about Registrar & Share Transfer Agent Update
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The New India Assurance Company has changed its Registrar and Share Transfer Agent. M/s MUFG Intime India Pvt Ltd, which served as RTA from FY 2022-23 to FY 2025-26, will be replaced by M/s Alankit Assignment Ltd following the end of MUFG's tenure on 31 March 2026. The new RTA was selected through a competitive Request for Proposal (RFP) process. The effective date of the change has not been finalised yet, and formalities like documentation, agreement signing, electronic connectivity shifting, and data transition are currently underway. A tripartite agreement under SEBI rules will be signed once data migration is complete.
This is a routine administrative change with no direct impact on shareholders' investments or stock price. Investors may experience a brief transition period for share transfer or communication-related queries, but day-to-day shareholding and trading remain unaffected.