General Insurance Corporation of India announced on May 15, 2026, that its Board of Directors approved the appointment of Mr. Sanjeeb Mishra (Membership Number: FCS 6291) as Company Secretary, Compliance Officer, and Key Managerial Person of the Corporation. This disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment is in place of Mr. Satheesh Kumar, who served as General Manager, Company Secretary, Compliance Officer, and Key Managerial Personnel.

Appointment Details

The Board meeting at which this decision was taken commenced at 5:15 p.m. (IST) and concluded at 6:17 p.m. (IST) on May 15, 2026. The effective date on which Mr. Sanjeeb Mishra will take charge as Company Secretary, Compliance Officer, and Key Managerial Person in place of Mr. Satheesh Kumar is to be intimated in due course.

Key details of the appointment are summarised below:

Profile of Mr. Sanjeeb Mishra

Mr. Sanjeeb Mishra is a Fellow Member of the Institute of Company Secretaries of India and brings more than 22 years of experience across Legal Advisory, Contract Management, Compliance, Regulatory, Litigation, Corporate Restructuring, Corporate Secretarial, and Tax functions. His expertise spans diverse techno-commercial aspects of law across multiple industries, including Banking, NBFC, Manufacturing, Infrastructure, Freight Forwarding, and Construction.

Notably, Mr. Mishra concluded one of the unique mergers in the Banking industry, where a Fintech entity merged with a Bank in a record time of 9 months. He has also worked with India Infrastructure Finance Company Limited, a Public Sector Undertaking.

His key areas of expertise include:

• Legal Advisory and Contract Management
• Compliance and Regulatory Affairs
• Litigation and Corporate Restructuring
• Corporate Secretarial and Tax functions
• Experience across Banking, NBFC, Manufacturing, Infrastructure, Freight Forwarding, and Construction sectors

The disclosure was made in accordance with SEBI Master Circular no HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as referenced in the brief profile annexed to the regulatory filing.

General Insurance Corporation of India (GIC Re) announced a key leadership change at the Chief Financial Officer level, following a Board of Directors meeting held on May 15, 2026. The Board accepted the resignation of Mr. V. Balkrishna, General Manager, from the post of Chief Financial Officer (CFO) and Key Managerial Person of the Corporation. Mr. V. Balkrishna's departure was attributed to his retirement availed under the Voluntary Retirement Scheme of the Corporation.

CFO Transition Details

The Board meeting, which commenced at 5:15 p.m. (IST) and concluded at 6:17 p.m. (IST), also approved the appointment of Mr. Rajesh Laheri, Deputy General Manager, as the new Chief Financial Officer (CFO) and Key Managerial Person of the Corporation in place of Mr. V. Balkrishna. The appointment is effective from the date of Mr. Rajesh Laheri taking charge, and the exact date of his assuming the role is to be intimated in due course.

The key details of the transition are summarised below:

Profile of Incoming CFO Mr. Rajesh Laheri

Mr. Rajesh Laheri brings extensive experience within GIC Re, having joined the organisation in April 1998 as a Direct Recruit officer. His academic and professional credentials reflect a strong foundation across finance, accounting, and insurance disciplines.

His qualifications and professional memberships include:

• Associate Member of the Institute of Chartered Accountants of India
• Final Pass of the Institute of Company Secretaries of India
• Final Pass of the Institute of Cost and Works Accountants of India
• Fellow Member of the Insurance Institute of India

Over the course of his career at GIC Re, Mr. Laheri has been involved in a range of functions including preparation of Final Accounts and Property Reinsurance. He was also posted to GIC Re's London branch for six years, where he handled Finance, IT, and other functions. At the time of his appointment as CFO, he was heading the General Accounts and Taxation Department of the Corporation.

Regulatory Disclosure

The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The brief profile of Mr. Rajesh Laheri was annexed as per SEBI Master Circular no HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026. The communication was signed by Mr. Satheesh Kumar, Company Secretary and Compliance Officer of General Insurance Corporation of India.