The New India Assurance Company Limited will convene its 107th Annual General Meeting (AGM) on Monday, July 27, 2026, at 11:30 a.m. IST through video conferencing and other audio-visual means, in compliance with Ministry of Corporate Affairs circulars dated September 22, 2025. The meeting will be conducted without a physical venue, and shareholders can participate only through the virtual facility provided by the company. The AGM notice and Annual Report 2025-26 are available on the company's website at www.newindia.co.in , as well as on the websites of BSE Limited and National Stock Exchange of India Limited.

AGM Key Dates and E-Voting Details

The company has engaged Central Depository Services Limited (CDSL) to facilitate remote e-voting for members. The following table summarises the key event dates:

The e-voting module during the meeting will be disabled 15 minutes after the conclusion of the AGM. Members who acquire shares after the dispatch of the notice but hold them as of the cut-off date may obtain their login ID and password by sending a request to rta@alankit.com . Members attending the meeting through video conferencing will be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act, 2013.

AGM Agenda: Dividend, Director Appointments, and Special Business

The ordinary business at the AGM includes adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and declaration of a final dividend of ₹1.50 per equity share for FY 2025-26, as recommended by the Board of Directors. The AGM will also consider authorising the Board to fix remuneration of Joint Statutory Auditors appointed by the Comptroller & Auditor General of India for FY 2026-27, and the re-appointment of Ms. Girija Subramanian as Chairman-cum-Managing Director, who retires by rotation.

Under special business, members will consider the appointment of Mr. S. Sivasankar as Executive Director on the Board with effect from February 20, 2026, pursuant to Ministry Order dated February 16, 2026, and the appointment of Mr. Hari Har Mishra as Government Nominee Director with effect from June 25, 2026, pursuant to Ministry Order dated May 13, 2026. The Board has recommended both resolutions for approval.

Record Financial Performance in FY 2025-26

The company delivered strong financial results for the year ended March 31, 2026. The following table presents the key financial highlights:

Global GWP reached an all-time high, recording 8.15% growth over the previous year. Global PAT registered an exceptional 40% growth, catalysed largely by a 61% spike in fourth-quarter PAT, which reached ₹558 Crore. The company's domestic business outpaced the general insurance industry average, successfully reversing the recent trend of decreasing market share.

Segment Performance and Portfolio Highlights

The Health and Personal Accident portfolio remains the largest business vertical at 47.57% of the portfolio, followed by Motor at 25.81% and Fire at 14.62%. The Fire segment recorded gross direct premium of ₹4,834.55 Crore with a market share of 17.56% and an Incurred Claim Ratio (ICR) of 54.04%, improving significantly from 67.85% in the previous year. The Engineering segment posted gross direct premium of ₹1,191.18 Crore with a market share of 17.51% and an ICR of 25.22%. The Motor Insurance portfolio recorded a premium income of ₹10,727 Crore during FY 2025-26, with the claim settlement ratio improving to 94.40% from 94.13% in the previous year.

The company's marine premium stood at ₹1,033.90 Crore, securing a 17.76% market share, while the Aviation Department maintained a domestic market share of 40.05% with premium growth of 15%. The Health line of business completed a premium of ₹21,531 Crore in FY 2025-26, including Retail, Group, and Government Business. The Broker channel completed ₹18,595.57 Crore in premium with an accretion of 14.83%.

Board Composition and Credit Ratings

The Board of Directors as on June 30, 2026 comprises Ms. Girija Subramanian (Chairman-cum-Managing Director), Mr. S. Sivasankar (Executive Director), Ms. Shwetha Rao B. (Government Nominee Director), Mr. Nidhu Saxena (Independent Director), and Mr. Hari Har Mishra (Government Nominee Director). Global credit rating agency AM Best revised New India Assurance's rating outlook to "Positive" from "Stable", while reaffirming its Financial Strength Rating of B++ (Good). Domestically, CRISIL has reaffirmed its Corporate Credit Rating of CCR AAA/Stable, held continuously since 2014.

For queries or grievances related to e-voting, members can contact Alankit Assignments Limited at 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi - 110055, or via email at rta@alankit.com .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE470Y01017/ee8a5cb0ebdf449d.pdf

The New India Assurance Company Ltd has appointed Mr. Hari Har Mishra as a Government Nominee Director on its Board, effective June 25, 2026. The appointment follows a notification from the Ministry of Finance, reference number 6/2(vii)/2022-BO.I dated May 13, 2026. The appointment is effective from the date the Board noted the decision through a Resolution by Circulation.

Mr. Hari Har Mishra is a 1998-batch Indian Defence Accounts Service (IDAS) officer. He currently serves as Additional Secretary in the Department of Financial Services under the Ministry of Finance.

The disclosure was submitted to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing and Obligatory Disclosure Requirements) 2015. The company affirmed that the newly appointed director is not debarred from holding the office of director by any order of SEBI or other authorities, consistent with circulars issued by BSE and NSE on June 20, 2018.

According to the provisions of the Companies Act 2013, Mr. Mishra is not related to any other director on the Board of the company.

Profile of the Appointee