General Insurance Corporation of India has formally notified stock exchanges about an upcoming board meeting scheduled to review its quarterly financial performance. The government-owned insurance corporation issued the announcement on January 30, 2026, addressing both BSE Limited and The National Stock Exchange of India Ltd.

Board Meeting Details

The company's Board of Directors will convene on February 7, 2026, with a primary agenda focused on financial results review. The meeting has been scheduled in compliance with regulatory requirements and will address multiple corporate matters.

Trading Window Restrictions

General Insurance Corporation of India has implemented trading window restrictions as part of its insider trading compliance framework. The company referenced its earlier communication dated December 26, 2025, regarding these measures.

The trading window closure affects designated persons under the corporation's insider trading code. These restrictions will remain in effect until 48 hours after the official announcement of the financial results, ensuring compliance with securities regulations.

Corporate Communication

The formal notification was signed by Satheesh Kumar, who serves as Company Secretary & Compliance Officer for the corporation. The communication was digitally signed on January 30, 2026, and distributed to both major stock exchanges where the company's shares are listed.

Company Background

General Insurance Corporation of India operates as a Government of India company with its registered office located at "Suraksha", 170, J. Tata Road, Churchgate, Mumbai. The corporation holds CIN number L67200MH1972GOI016133 and IRDA registration number 112, reflecting its established presence in the Indian insurance sector.

gic of india has announced a significant change in its senior management structure with the permanent appointment of a new Chief Vigilance Officer. The company disclosed this development to stock exchanges in compliance with SEBI Listing Regulations, marking an important governance milestone for the state-owned reinsurer.

Permanent CVO Appointment Confirmed

The Central Vigilance Commission (CVC) has approved the permanent transfer of Shri Uday Laxmandas Devi from Oriental Insurance Corporation Limited (OICL) to serve as Chief Vigilance Officer of GIC Re. The Ministry of Finance communicated this decision through letter No. 15/1/2023-Vig dated 30th January 2026, making the appointment effective immediately.

Background of Temporary Assignment

This permanent appointment follows an earlier temporary arrangement that began on 29th December 2025. Shri Devi had been assigned additional charge as CVO of GIC Re while continuing his role at OICL, pending the CVC's decision on the transfer request. The temporary assignment was initially set for three months or until the CVC conveyed their decision, whichever came first.

The company had previously communicated this temporary arrangement to stock exchanges through reference letter GIC-HO/BOARD/SE-SMP-03/302/2025-26 dated 2nd January 2026, ensuring full transparency with stakeholders throughout the transition process.

Regulatory Compliance and Disclosure

GIC Re made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, which mandates listed companies to inform exchanges about material changes in senior management. The announcement specifically references compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024.

Company Secretary & Compliance Officer Satheesh Kumar Nair signed the official communication to BSE Limited and The National Stock Exchange of India Ltd., ensuring proper regulatory adherence for this senior management change.

Significance for Corporate Governance

The appointment of a permanent Chief Vigilance Officer represents an important step in strengthening GIC Re's governance framework. As a government-owned reinsurance company, maintaining robust vigilance mechanisms is crucial for operational integrity and regulatory compliance. The CVO position plays a vital role in ensuring transparency and preventing corruption within the organization's operations and decision-making processes.