General Insurance Corporation of India has appointed Shri Hiteshkumar Kismatbhai Bhandari as a Part-time Non-Official Director on its Board. The Central Government, through the Ministry of Finance, issued the appointment order under Article No. 75 of the company’s Articles of Association.

The appointment is effective from August 13, 2026, for a tenure of three years or until further orders, whichever is earlier. This disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Director Profile

Shri Hiteshkumar Kismatbhai Bhandari holds a Master of Laws (LLM) degree. He is a practicing advocate at the Silvassa District Court with 26 years of experience handling civil and criminal matters.

The company confirmed that Shri Bhandari (DIN: 11890575) assumed office on August 13, 2026. He is not related to any of the existing Directors of the Corporation and is not debarred from holding office of Director by virtue of any SEBI Order or any other authority.

General Insurance Corporation of India retained Satheesh Kumar as Company Secretary, Compliance Officer and Key Managerial Personnel after Sanjeeb Mishra declined the appointment due to personal reasons. The Board of Directors noted this development during its meeting held on August 13, 2026.

The Corporation had previously informed the stock exchanges on May 15, 2026, that the Board had approved the appointment of Mr. Sanjeeb Mishra to replace Mr. Satheesh Kumar. The effective date for Mr. Mishra taking charge was to be intimated in due course.

During the Board meeting, which commenced at 9:30 am and ended at 1:25 pm, the directors were informed that Mr. Mishra conveyed his inability to join the Corporation. Consequently, Mr. Satheesh Kumar continues in his current roles without interruption.

The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.