GIC Re swings to black in FY21, posts Rs 1,991 crore net profit
Investment income zoomed to Rs 8,820.86 crore for the year ended March 2021 as compared to the previous financial year's Rs 7,125.48 crore.29-06-2021
29-06-2021
General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release dated Jun 29, 2021, titled "GIC Re announces Financial Performance for year ended 31st March 2021." is enclosed.29-06-2021
General Insurance Corporation of India - 540755 - Financial Results For Quarter And Year Ended March 31,2021
1. Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other applicable requirements, we forward herewith a copy of the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2021 together with the Auditors'' Report as approved by the Board of Directors at its meeting held today. A copy of the press release being issued in this connection is also attached. Please note that J Singh & Associates and D R Mohnot & Co. Chartered Accountants, the joint statutory auditors of the Corporation have issued audit reports with unmodified opinion. 2. The Board of Directors of the Corporation have not recommended payment of Dividend for the FY 2020-21.29-06-2021
General Insurance Corporation of India - 540755 - Outcome Of Board Meeting Held On 29Th June 2021
1. Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other applicable requirements, we forward herewith a copy of the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2021 together with the Auditors'' Report as approved by the Board of Directors at its meeting held today. A copy of the press release being issued in this connection is also attached. Please note that J Singh & Associates and D R Mohnot & Co. Chartered Accountants, the joint statutory auditors of the Corporation have issued audit reports with unmodified opinion. 2. The Board of Directors of the Corporation have not recommended payment of Dividend for the FY 2020-21.29-06-2021
General Insurance Corporation of India - 540755 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In terms of Regulation 30(6) read with Item No. 15 of Part A of Schedule III of the Listing Regulations, the Corporation will host an earnings call with analysts/investors at 04:00 p.m. (IST) on Wednesday, June 30, 2021 to discuss financial results of the Corporation for the quarter/year ended March 31, 2021. Further details in respect of the same are attached herewith. The transcript of the conference call will be posted on the Corporation's website at www.gicofindia.com .22-06-2021
General Insurance Corporation of India - 540755 - Board Meeting Intimation for Meeting Of The Board Of Directors Of The Corporation Is Convened And Scheduled To Be Held On Tuesday, 29Th June 2021, Through Video Conference.
General Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2021 ,inter alia, to consider and approve Further to our letter no. GIC Re/SE/2020-21/Q4-IBM/3 dt. 02.06.2021 regarding deferment of Board Meeting that was scheduled to be held on Thursday, 03.06.2021, it is informed that meeting of Board of Directors is being convened & scheduled to be held on Tuesday, 29.06.2021, through Video Conference, inter alia, 1. To consider and approve the audited financial results (standalone and consolidated) for the quarter/year ended 31.03.2021; 2. To consider and recommend Dividend on the equity shares of the Corporation for the FY 2020-21, if any; 3. To transact any other matter which the Board may deem fit. Accordingly, the trading window for dealing in shares of the Corporation shall continue to remain closed till 48 hours after the Board Meeting for consideration and approval of financial results for the quarter/year ended 31.03.2021. A Notice to this effect is being hosted on the website of the Corporation at www .gicofindia.com22-06-2021
General Insurance Corporation of India - 540755 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular Ref. No. CIR/CMD1/27/2019 dated 8th February,2019, the Annual Secretarial Compliance Report dated 11th June, 2021 for the year ended 31st March, 2021, issued by Mr. S. N. Ananthasubramanian of M/s. S. N. Ananthasubramanian & Co., Practicing Company Secretaries is enclosed.21-06-2021
General Insurance Corporation of India - 540755 - Update on board meeting
General Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2021 ,inter alia, to consider and approve Intimation of deferment of Board Meeting : This is in continuation to our letter ref. no. GIC Re/SE/2020-21/Q4-IBM/2 dated 27th May 2021 regarding the meeting of the Board of Directors of the Corporation scheduled to be held on Thursday, June 03, 2021, through Video Conference, inter alia to consider and approve the audited financial results (Standalone and Consolidated) for the quarter/year ended March 31, 2021,and to recommend dividend, stands deferred due to unavoidable circumstances and the revised schedule (date &time;) of the Board meeting shall be intimated in due course. Accordingly, the Trading Window for dealing in the Shares of the Corporation shall continue to remain closed till 48 hours after the Board Meeting (to be intimated in due course) for consideration and approval of financial results for the quarter/year ended March 31, 2021.02-06-2021
General Insurance Corporation of India - 540755 - Board to consider FY21 results & Dividend on June 03, 2021
General Insurance Corporation of India has informed BSE that a meeting of the Board of Directors of the Corporation is scheduled to be held on June 03, 2021, through Video Conference, inter alia,1. To consider and approve the audited financial results (standalone and consolidated) for the quarter/year ended March 31, 2021;2. To consider and recommend Dividend on the equity shares of the Corporation for the financial year 2020-21, if any;Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 & amendments thereto, in terms of the Code of Conduct for Prevention of Insider Trading-2020 and with respect to intimation for closure of trading window submitted to BSE Limited and National Stock Exchange of India Limited vide letter dated March 30, 2021, the trading window is under closure from April 01, 2021 and shall remain closed till 48 hours after the Board Meeting for consideration and approval of financial results for the quarter/ year ended March 31, 2021.27-05-2021
General Insurance Corporation of India - 540755 - Board Meeting Intimation for Meeting Of Board Of Directors Of The Corporation Is Scheduled To Be Held On Thursday, June 03, 2021, Through Video Conference.
General Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2021 ,inter alia, to consider and approve Pursuant to Reg. 29 of SEBI (LODR) Regulations, 2015, a meeting of the Board of Directors is scheduled to be held on Thursday, 03.06.2021, through VC, inter alia; 1. To consider and approve the audited financial results (standalone and consolidated) for the period ended 31.03.2021; 2. To consider and recommend Dividend on the equity shares of the Corporation for the FY 2020-21, if any; 3. To transact any other matter which the Board may deem fit. Pursuant to SEBI (PIT) Regulations, 2015 & amendments thereto, in terms of the Code of Conduct for Prevention of Insider Trading-2020 & w.r.t. intimation for closure of trading window submitted to BSE and NSE vide letter ref. no. GIC Re/SE/2021-22/CTW-3 dated 30.03.2021, the trading window is under closure from 01.04.2021 and shall remain closed till 48 hours after the Board Meeting for consideration and approval of financial results for the period ended 31.03.2021. A Notice to this effect is being hosted on the website of the Corporation.27-05-2021