Niva Bupa Health Insurance Company has received a refund of ₹22.12 crores from the Office of the Deputy Commissioner of State Tax, Mumbai, resolving a tax dispute related to input tax credit claims. The refund sanction order was issued on July 14, 2026, at 16:58 hours, bringing a favorable conclusion to the proceedings concerning the period from July 2017 to September 2022.

The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously informed investors about the material tax litigation in its prospectus and provided an update on February 05, 2025, regarding the pending litigation with the Directorate General of GST Intelligence, Mumbai Zonal Unit.

Details of the Refund Order

The communication received by the company confirmed that the matter has been resolved in its favor. The refund pertains to the disallowance of input tax credit that was contested by the tax authorities. The company stated that it expects to receive the funds in due course.

Regulatory Disclosures

The filing included the necessary details as required under Regulation 30 of the SEBI Listing Regulations read with the Master Circular dated January 30, 2026. Additionally, the company provided the disclosure under Regulation 30(13) in Form A, detailing the communication from the regulatory authority. Aparna Sharma, Company Secretary and Compliance Officer, confirmed that the information provided is true, correct, and complete to the best of the company's knowledge.

Niva Bupa Health Insurance Company reported premiums of INR 7.98 billion in June, marking a year-on-year increase of 34.3%. The latest figures highlight a significant uptick in the company's premium collections, reinforcing its position as a key player in India's health insurance sector.

Premium Performance Overview

The following table summarizes the key premium data reported by Niva Bupa Health Insurance for June:

The 34.3% year-on-year growth in premiums reflects a strong expansion in the company's business during the reported period. The premium figure of INR 7.98 billion represents the total collections recorded by the insurer for the month of June.

Key Highlights

• Premium Collections: INR 7.98 billion recorded in June
• YoY Growth: 34.3% increase compared to the same period in the previous year
• The growth rate indicates sustained demand for health insurance products offered by the company

The reported premium growth of 34.3% on a year-on-year basis positions Niva Bupa Health Insurance among the notable performers in India's health insurance landscape for the period. The data points to consistent traction in premium mobilisation, as reflected in the June figures.