New India Assurance Company Ltd (NIACL) — Announcement | 30 September 2026

30 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Lavanya R Mundayur appointed Chairman and Managing Director of NIACL

🔄 What Changed

Mr. S Sivasankar ceases additional charge as CMD following Ms. Mundayur's appointment

🔮 What's Next

Appointment effective until her superannuation on May 31, 2029 or until further orders

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

New India Assurance announced the appointment of Ms. Lavanya R Mundayur as Chairman and Managing Director effective September 30, 2026, succeeding Mr. S Sivasankar who will relinquish additional charge. Her three-decade insurance background includes leadership roles at Agriculture Insurance Company of India and pioneering achievements as the first female CEO of New India's GCC operations.

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About New India Assurance Company Ltd (NIACL)

Financial Services · Insurance · Listed on BSE

Market Cap: ₹27,571.04 Cr

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📊 More NIACL filings

Announcement — 28 September 2026New India Assurance Company Ltd announced the closure of its insider trading window effective Octobe...
🟡 Board Meeting — 11 September 2026The Ministry of Finance assigned Mr. S Sivasankar, Executive Director, additional charge as Chairman...
🔴 Announcement — 9 September 2026New India Assurance Company Ltd announced the appointment of S Ramanand Aiyar & Co and Chokshi & Cho...
🔴 Announcement — 27 August 2026New India Assurance Company Limited disclosed a tax refund of Rs. 78.39 crore including Rs. 5.96 cro...
🟡 Board Meeting — 27 July 2026The 107th Annual General Meeting of The New India Assurance Company Limited was held on July 27, 202...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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