GIC Appoints Hiteshkumar Kismatbhai Bhandari as Part-time Non-Official Director
General Insurance Corporation of India has confirmed the assumption of office for Shri Hiteshkumar Kismatbhai Bhandari as a director on its board. The individual holds the position of Part-time Non-Official Director, effective from August 13, 2026.
The appointment details confirm that Shri Hiteshkumar Kismatbhai Bhandari is not related to any of the existing directors at the Corporation. Furthermore, he has not been debarred from holding the office of Director by any SEBI Order or other authority.
GICRE Stock Price Movement
General Insurance Corporation of India shares slipped by 2.12% to settle at ₹348.20 on Thursday, plummeting to hit a significant 52-week low. The stock saw heavy trading action during the session, with 1.18 million shares changing hands as insurers navigated the challenging market conditions.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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