Niva Bupa Health Insurance Company , a prominent player in India's health insurance sector, is set to see a change in its ownership structure as Fettle Tonne announces plans to reduce its stake in the company.

Stake Sale Details

• Current Stake: Fettle Tonne currently holds a 7.9% stake in Niva Bupa.
• Proposed Sale: Up to 5% of its existing stake.
• Method: The sale will be executed through a block deal.

Impact on Ownership

The proposed transaction will result in a decrease in Fettle Tonne's ownership of Niva Bupa. If the full 5% is divested, Fettle Tonne's stake is expected to be reduced to approximately 2.9%.

About Niva Bupa

Formerly known as Max Bupa Health Insurance, Niva Bupa Health Insurance Company Limited is registered with the Insurance Regulatory and Development Authority of India (IRDAI) with Registration No. 145 and operates under CIN: L66000DL2008PLC182918.

Corporate Governance

As per the latest LODR (Listing Obligations and Disclosure Requirements) data, Niva Bupa has announced:

• The closure of its trading window for the quarter and half year ending September 30, 2025.
• This closure applies to Designated Persons of the company and their immediate relatives.
• The trading window will remain closed from October 1, 2025, until 48 hours after the unaudited financial results for the mentioned period become generally available.

Market Implications

While the specific reasons for Fettle Tonne's decision to reduce its stake have not been disclosed, such moves can often signal various strategic considerations. Market participants and investors in Niva Bupa may want to monitor this development closely for potential impacts on the company's stock price and overall market perception.

As this story develops, more details may emerge regarding the timing, pricing, and potential buyers involved in the block deal. Stakeholders and market analysts will likely be keen to understand the implications of this ownership change on Niva Bupa's future strategies and operations in the competitive health insurance landscape.

Niva Bupa Health Insurance Company Limited , a prominent player in the Indian health insurance sector, has announced a significant change in its leadership. The company has received regulatory approval for the appointment of Mr. Milind Gajanan Barve as the new Chairman of its Board of Directors.

Regulatory Approval

The Insurance Regulatory and Development Authority of India (IRDAI) granted its approval for Mr. Barve's appointment on September 24, 2025. This regulatory green light paves the way for Mr. Barve to assume his role as Chairman, effective from August 28, 2025.

About the Appointment

Mr. Milind Gajanan Barve, identified by his Director Identification Number (DIN) 00087839, brings his expertise to Niva Bupa's leadership. His appointment marks a new chapter in the company's governance structure.

Company Details

Niva Bupa Health Insurance Company Limited, operating under IRDAI Registration No. 145, is a key player in India's health insurance landscape. The company, with its Corporate Identification Number (CIN) L66000DL2008PLC182918, has its registered office in Delhi and its corporate office in Gurugram, Haryana.

Market Impact

As a listed entity on both the National Stock Exchange of India and BSE Limited, this leadership change is significant for investors and stakeholders. The appointment of a new Chairman often signals potential shifts in strategy or governance approach, which can be of interest to the market.

Compliance and Disclosure

The company has duly informed the stock exchanges about this development, adhering to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency in corporate communication underscores Niva Bupa's commitment to regulatory compliance and shareholder information.

The appointment of Mr. Barve as Chairman comes at a time when the health insurance sector in India is experiencing significant growth and transformation. Stakeholders will be keen to observe how this leadership change might influence Niva Bupa's strategic direction and market position in the coming years.