Integrated Filing-Governance



General information about company

Scrip Code 540755
NSE Symbol GICRE
MSEI Symbol NOTLISTED
ISIN INE481Y01014
Name of the entity GENERAL INSURANCE CORPORATION OF INDIA
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity There was no acquisition of shares or voting rights aggregating to five percent or more of the shares or voting rights in an unlisted company during the quarter or any change in holding from the last disclosure made under sub para 1 of para A part A of Schedule III of SEBI LODR 2015 exceeding two per cent of the total shareholding or voting rights in the said unlisted company.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? No
Reason For Part F Of Annexure I Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity The Corporation being an Insurance Company, any loan, guarantee/comfort letter or security provided in connection with any loan or any other form of debt is excluded from the given disclosure requirements.
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID COMZ00153
Reason For No SCORE ID
Type of Submission Original
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory Ministry of Finance vide letter eF.No.A-11011/05/2025-Ins.I dated 24th October 2025 had conveyed that the Competent Authority has approved the entrustment of the financial and administrative powers and functions of the Chairman-cum-Managing Director (CMD), General Insurance Corporation of India (GIC-Re) to Shri Hitesh Ramesh Chandra Joshi (DIN:09322218), Executive Director (ED), GIC-Re with effect from 1st October 2025, for a period of three (03) months or until a regular CMD is appointed, or until further order, whichever is earliest. The same was informed to the Stock Exchanges on 24th October 2025. Further, The Corporation was in receipt of communication form Government of India, Ministry of Finance, Department of Financial Services vide letter ref. no. A-11011/05/2025-lns.I dated 07.01.2026, informing that the Competent Authority has approved extension of tenure of powers w.e.f. 01.01.2026 to Shri Hitesh Ramesh Chandra Joshi, ED, GIC Re, for a further period of three (03) months or until a regular CMD is appointed, or until further order, whichever is earliest. The same was informed to the Stock Exchanges on 7th January 2026.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Hitesh Rameshchandra Joshi 09322218 Executive Director Chairperson CEO-MD 19-Sep-1968 No Active NA 09-Jul-2024 2 0 2 0
2 Mrs. Jayashri Balkrishna 11210291 Executive Director Not Applicable 15-Oct-1967 No Active NA 23-Jul-2025 1 0 1 0
3 Mr. Manoj M A 10733238 Non-Executive - Nominee Director Not Applicable 03-Oct-1974 No Active NA 17-Apr-2025 2 0 1 0
4 Mr. Tapan Kumar Mondal 11228147 Non-Executive - Nominee Director Not Applicable 10-Jun-1966 No Active NA 24-Jul-2025 1 0 2 1
5 Mr. Ashwani Kumar 10344636 Non-Executive - Independent Director Not Applicable 02-Sep-1969 No Active NA 30-Jul-2025 8.13 2 1 4 2
6 Ms. Vinita Kumari 10093690 Non-Executive - Independent Director Not Applicable 01-Mar-1981 No Active NA 24-Mar-2023 23-Mar-2026 36.76 1 1 2 1 Tenure Completion



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory Ms Vinita Kumari ceased to be Independent Director of the Corporation w.e.f close of business hours on 23rd March 2026 pursuant to completion of her tenure on the Board...Human Resource Committee comprises of : 1. Shri Tapan Kumar Mondal (DIN - 11228147), Non-Executive- Nominee Director 2. Shri Hitesh Rameshchandra Joshi (DIN- 09322218), Executive Director- Member 3. Smt. Jayashri Balkrishna (DIN - 11210291), Executive Director - Member



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10344636 Ashwani Kumar Non-Executive - Independent Director Chairperson 30-Jul-2025
2 10093690 Vinita Kumari Non-Executive - Independent Director Member 11-May-2023 23-Mar-2026 Textual Information(1)
3 11228147 Tapan Kumar Mondal Non-Executive - Nominee Director Member 24-Mar-2026
4 11210291 Jayashri Balkrishna Executive Director Member 01-Oct-2025



Text Block
Textual Information(1) Ms Vinita Kumari ceased to be Independent Director of the Corporation w.e.f close of business hours on 23rd March 2026 pursuant to completion of her tenure on the Board.



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10093690 Vinita Kumari Non-Executive - Independent Director Chairperson 11-May-2023 23-Mar-2026 Textual Information(1)
2 10344636 Ashwani Kumar Non-Executive - Independent Director Chairperson 30-Jul-2025 Textual Information(2)
3 10733238 Manoj M A Non-Executive - Nominee Director Member 17-Apr-2025
4 11228147 Tapan Kumar Mondal Non-Executive - Nominee Director Member 24-Mar-2026

Text Block
Textual Information(1) Ms Vinita Kumari ceased to be Independent Director of the Corporation w.e.f close of business hours on 23rd March 2026 pursuant to completion of her tenure on the Board.
Textual Information(2) Mr Ashwani Kumar was appointed as Chairperson of the Committee w.e.f 24th March 2026






Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10093690 Vinita Kumari Non-Executive - Independent Director Chairperson 03-Jun-2025 23-Mar-2026 Textual Information(1)
2 11228147 Tapan Kumar Mondal Non-Executive - Nominee Director Chairperson 07-Aug-2025 Textual Information(2)
3 09322218 Hitesh Rameshchandra Joshi Executive Director Member 03-Jun-2025
4 10344636 Ashwani Kumar Non-Executive - Independent Director Member 24-Mar-2026



Text Block
Textual Information(1) Ms Vinita Kumari ceased to be Independent Director of the Corporation w.e.f close of business hours on 23rd March 2026 pursuant to completion of her tenure on the Board.
Textual Information(2) Mr Tapan Kumar Mondal was appointed as Chairperson of the Committee w.e.f 24th March 2026



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10093690 Vinita Kumari ID Chairperson 21-Mar-2025 23-Mar-2026 Textual Information(1)
2 10344636 Ashwani Kumar ID Chairperson 24-Mar-2026
3 09322218 Hitesh Rameshchandra Joshi ED Member 09-Aug-2024
4 11210291 Jayashri Balkrishna ED Member 15-Jul-2024
5 11228147 Tapan Kumar Mondal NED,ND Member 07-Aug-2025
6 99999999 Balkrishna Variar CFO Member 15-Jul-2024 Textual Information(2)
7 99999999 Sateesh Bhat Appointed Actuary (Non-Life) Member 15-Jul-2024 Textual Information(3)
8 99999999 Suresh Sindhi Appointed Actuary (Life) Member 15-Jul-2024 Textual Information(4)



Text Block
Textual Information(1) Ms Vinita Kumari ceased to be Independent Director of the Corporation w.e.f close of business hours on 23rd March 2026 pursuant to completion of her tenure on the Board.
Textual Information(2) Shri Balkrishna Variar, CFO being a non-board member, DIN is not applicable.
Textual Information(3) Shri Sateesh Bhat, Appointed Actuary (Non- Life), being a non-board member, DIN is not applicable.
Textual Information(4) Shri Suresh Sindhi, Appointed Actuary ( Life), being a non-board member, DIN is not applicable.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 12-Nov-2025 Yes 6 5 1
2 16-Jan-2026 64 Yes 6 5 2
3 07-Feb-2026 21 Yes 6 5 1
4 14-Mar-2026 34 Yes 6 5 1



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 12-Nov-2025 Yes 3 3 2 0
2 Audit Committee 07-Feb-2026 86 Yes 3 3 2 0
3 Nomination and remuneration committee 12-Nov-2025 Yes 3 2 1 0
4 Nomination and remuneration committee 16-Jan-2026 Yes 3 3 2 0
5 Nomination and remuneration committee 14-Mar-2026 56 Yes 3 2 1 0
6 Risk Management Committee 12-Nov-2025 Yes 4 4 1 3
7 Risk Management Committee 07-Feb-2026 86 Yes 4 4 1 3
8 Stakeholders Relationship Committee 07-Feb-2026 Yes 3 3 1 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 No
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee No
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee No
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here: With reference to Point No. 1 of the Affirmations, we inform that the Corporation being a Government of India Company, the appointment of Directors on the Board is done by the Government of India through Ministry of Finance, as per the Articles of Association of the Corporation. The Corporation has already requested the Ministry of Finance for appointment of Directors and has been following up in this respect. Presently, there is 1 Independent Director on the Board. The Corporation and its Directors and Officers have taken all efforts and steps in this respect. Said matter is pending with Ministry of Finance. Further, with reference to point no 2 and 3, the Corporation was compliant with Regulation 18(1)(b) and 19(1)(c) upto 23rd March 2026. Pursuant to cessation of Ms Vinita Kumari as Independent Director, presently there is 1 Independent Director on the Board of the Corporation. As mentioned above, the Corporation being a Government of India Company, the appointment of Directors on the Board is done by the Government of India through Ministry of Finance, as per the Articles of Association of the Corporation. The Corporation has already requested the Ministry of Finance for appointment of Directors for ensuring compliance of composition of committees and has been following up in this respect. Reference to Point No. 8 of the Affirmations, we would like to submit that the Corporate Governance Report pertaining to previous quarter has been placed before the Board at its meeting held on 07-02-2026. The Corporate Governance Report pertaining to quarter ended 31st March 2026 will be placed before the Board as applicable.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Shri Satheesh Kumar
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://www.gicre.in/en/business-en
1.2 Memorandum of Association and Articles of Association Yes https://www.gicre.in/en/about-us/regulatory-framework
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.gicre.in/en/about-us/corporate-management/board-of-directors
2 Terms and conditions of appointment of independent directors Yes https://www.gicre.in/en/people-resources/policies-and-guidelines
3 Composition of various committees of board of directors Yes https://www.gicre.in/images/2026/Committees_as_on_24032026.pdf
4 Code of conduct of board of directors and senior management personnel Yes https://www.gicre.in/images/2024/Code_of_Conduct_for_Directors__Senior_Management_Personnel_-_2024_Version_40.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.gicre.in/images/2025/Vigil_Mechanism_or_Whistle_Blower_Policy_-_2025_Ver_30.pdf
6 Criteria of making payments to non-executive directors Yes https://www.gicre.in/images/2026/GIC_Re_-_Sitting_fee_for_Board_and_Committee_meetings.pdf
7 Policy on dealing with related party transactions Yes https://www.gicre.in/images/2024/Related_Party_Transaction_Policy_2024Ver_060_1.pdf
8 Policy for determining material subsidiaries Yes https://www.gicre.in/images/2024/Policy_for_determining_of_Material_Subsidiaries_-2024_Ver_40.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/familiarisation-programme-for-independent-directors
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.gicre.in/en/contact-us
11 Email address for grievance redressal and other relevant details Yes https://www.gicre.in/en/contact-us
12 Financial results Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/financial-performance/financial-results
13 Shareholding pattern Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/periodical-disclosures/quarterly
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/analyst-investor-meet-or-conference-call
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/analyst-investor-meet-or-conference-call
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/newspaper-notice
18 Credit rating or revision in credit rating obtained Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/intimation-to-stock-exchanges/credit-rating
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/financial-performance/audited-financial-statements-of-subsidiaries
20 Secretarial compliance report Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/periodical-disclosures/annually
21 Materiality policy as per regulation 30 (4) Yes https://www.gicre.in/images/2024/Policy_for_determination_for_Determination_of_Materiality_of_event_or_information__2024_Ver_40.pdf
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/intimation-to-stock-exchanges/others
23 Disclosures under regulation 30(8) Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/intimation-to-stock-exchanges/regulation-30-sebi-lodr-reg-2015
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://www.gicre.in/images/2025/Dividend_Distribution_Policy_2025_Ver_30_web.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.gicre.in/en/investors-public-disclosures/investors-en/financial-performance/annual-return
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://www.gicre.in/en/
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.gicre.in/en/
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) No As on March 31, 2026, Board consist of 5 Directors, comprising of 2 Executive Directors (including Chairman) and 2 Non-Executive Government Nominee Directors and 1 Independent Director. GICRE was not able to comply with the requirement of 50% Independent Directors w.e.f. 20.12.2024 (including woman independent director w.e.f. 24.03.2026). GIC Re being a Government of India Company, the appointment of Director on the Board is done by the Government of India through Ministry of Finance. Corporation has requested for appointment and said matter is pending with Ministry.
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) NA
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) NA
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) No The Composition of the Committee was in compliance till 23.03.2026. GIC Re being a Government of India Company, the appointment of Director on the Board is done by the Government of India through Ministry of Finance. Corporation has requested for appointment of directors to ensure compliance with composition of committee and said matter is pending with Ministry.
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) No The Composition of the Committee was in compliance till 23.03.2026. GIC Re being a Government of India Company, the appointment of Director on the Board is done by the Government of India through Ministry of Finance. Corporation has requested for appointment of directors to ensure compliance with composition of committee and said matter is pending with Ministry.
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) NA
32 Approval for material related party transactions 23(4) Yes
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) Yes
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided Textual Information(1)



Text Block
Textual Information(1) The determination of Material Subsiadiary Policy of the Corporation is in place. However, the Corporation does not have a Material Subsidiary.



Annexure II
1 Name of signatory Shri Satheesh Kumar
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. $intratedCg.get("CG_YN_$!integratedFillingMasterDto.cgMasterVO.anx4aAffirmComplStatus")
Name
Designation
Place
Date



Signatory Details
Name of signatory Shri Satheesh Kumar
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 30-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 0
No. of investor complaints disposed off during the Quarter 0
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 National Stock Exchange of India Limited Communication of fine levied for non-compliance with regulation 17 (1) of SEBI LODR, 2015 27-Feb-2026 Fine levied by National Stock Exchange of India Limited during quarter ended September 2025 for non-compliance under Regulation 17(1) of SEBI (LODR) Regulations pertaining to composition of Board for quarter ended 31.12.2025. The fine is imposed for a period of 92 days i.e. for 01.10.2025 to 31.12.2025. Rs. 5,42,800/- (incl. GST)
2 BSE Limited Communication of fine levied for non-compliance with regulation 17 (1) of SEBI LODR, 2015 27-Feb-2026 Fine levied by National Stock Exchange of India Limited during quarter ended September 2025 for non-compliance under Regulation 17(1) of SEBI (LODR) Regulations pertaining to composition of Board for quarter ended 31.12.2025. The fine is imposed for a period of 92 days i.e. for 01.10.2025 to 31.12.2025. Rs. 5,42,800/- (incl. GST)
3 Federal Tax Authority (FTA) Late Corporate Tax registration penalty notification of AED 10,000 (INR 2,50,625) on the Emaara Tax Portal. 28-Jan-2026 The late Corporate Tax registration penalty intimation received was an automatic system-generated notification arising from approval timeline and consequent to technical issue on the Emaara Tax portal, that includes de-registration and re-registration as per FTA guidance. The GIC- Dubai Branch submitted a penalty reconsideration request to the FTA alongwith documentary evidence to demonstrate that the delay arose purely due to an administrative rectification required to align the VAT and Corporate Tax registrations under a single taxable person profile, and not due to any default or non-compliance on the part of Branch. AED 10,000 (INR 2,50,625)


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 CBIC - GST Dept 19-Oct-2016 Adjudicating Authority has confirmed the demand. GIC Re has filed the appeal before Honourable CESTAT Mumbai. Pending at CESTAT. Section 135 of Finance Act 2025 introduced retrospective amendment to grant exemption for service tax on exempt agriculture premium. The Corporation has appointed Deloitte to pursue case with CESTAT to dismiss demand
2 CBIC - GST Dept 18-Oct-2019 Adjudicating Authority has confirmed the demand. GIC Re has filed the appeal before Honourable CESTAT Mumbai. Pending at CESTAT
3 CBIC - GST Dept 16-Jan-2020 Adjudicating Authority has confirmed the demand. GIC Re has filed the appeal before Honourable CESTAT Mumbai. Pending at CESTAT. Section 135 of Finance Act 2025 introduced retrospective amendment to grant exemption for service tax on exempt agriculture premium - The Corporation has appointed Deloitte to pursue case with CESTAT to dismiss demand
4 ACIT CIT 3(1)(1), Mumbai 03-Jan-2023 Initial appeal was filed by GIC on 23-03-2019 at CIT(A) level and then Income tax department had filed appeal against CIT(A) order at ITAT level on 03-01-2023 Pending at Income Tax Appellate Tribunal, Mumbai
5 ACIT CIT 3(1)(2), Mumbai 23-Mar-2019 Appeal is filed by the Corporation on 23-03-2019 against order under sec 143(3) r.w.s 147 dated 23-02-2019 Pending at CIT(A)-8 Mumbai
6 ACIT CIT 3(1)(1), Mumbai 25-Jan-2022 Initially appeal was filed by GIC at CIT(A) level on 14-06-2019 against order under section 143(3) r.w.s 144C(3) dated 30-05-2019 .Subsequently, Appeal was filed by Income Tax Department aginst CIT(A)order on 25-01-2022 and same is pending at ITAT level. Pending at Income Tax Appellate Tribunal, Mumbai
7 Income Tax Dept Circle 3(1)(2) 30-Nov-2021 Appeal is filed by the Corporation on 30-11-2021 against order under 143(3) r.w.s 144C(3) dated 26-11-2021 Pending at CIT(A)-NFAC level
8 Income Tax Dept Circle 3(1)(1) 05-Dec-2023 Appeal is filed by the Corporation on 05-12-2023 against order under 143(3) r.w.s 144C dated 29-11-2023 Pending at CIT(A)-NFAC level
9 ADIT-CPC 05-Mar-2024 Appeal is filed by the Corporation on 05-03-2024 against order 143(3) rws 144C dated 24-02-2024 Pending at CIT(A)-NFAC level
10 Assessment Unit, Income Tax department 12-Jun-2025 Appeal is filed by the Corporation on 12-06-2025 against order 143(3) rws 144C dated 16-05-2025 Pending at CIT(A)-NFAC level
11 Assessment Unit, Income Tax department 10-Apr-2026 Appeal to be filed against Order u/s 143(3) rws 144C(3) dated 10-04-2026 Appeal will be filed at CIT(A)-NFAC level before 10-05-2026