New India Assurance Announces Departure of Woman Independent Director
The New India Assurance Company Ltd. announced the cessation of Ms. Akani Devi’s tenure as a part-time non-official director (Woman Independent Director) on its Board, effective March 23, 2026. The departure follows an order from the Government of India, Department of Financial Services, dated March 24, 2023.Previously, Ms. Devi was appointed as a part-time non-official director for a period of three years, or until further orders, commencing March 24, 2023, through order F.no. A- 11011/12/2022-Ins.I.
The company’s shares are traded on the Bombay Stock Exchange (BSE) under Scrip Code 540769 and on the National Stock Exchange (NSE) under NIACL.
Abhishek Pagaria, Company Secretary, confirmed the change.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: