GIC Re: Board Recommends Dividend of ₹13.25/Share; Sets Record Date for Sept 4
General Insurance Corporation of India's Board approved FY26 audited financial results. The Board recommended a dividend of ₹13.25 per share, subject to shareholder approval at the 54th AGM. The record date for dividend payment has been fixed as September 4, 2026.
The dividend recommendation and record date are material information for shareholders, impacting investment decisions and future returns.
The announcement includes a positive outcome of the board meeting with the recommendation of a dividend and the approval of financial results.
General Insurance Corporation of India (GIC Re) announced the outcome of its Board Meeting held on May 26, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, with unmodified audit reports from joint statutory auditors M/s. SHBA & Co. LLP. and M/s. SARA & Associates.
Key among the announcements is the Board's recommendation of a dividend of ₹13.25 per fully paid-up equity share of ₹5 each for the Financial Year 2025-26. This recommendation is subject to shareholder approval at the upcoming 54th Annual General Meeting (AGM).
Furthermore, the Board has fixed the Record Date as Friday, September 4, 2026, for the purpose of determining the eligible beneficial owners for the payment of this equity dividend, pending AGM approval. The dividend is expected to be paid within 30 days of its declaration at the AGM.
The Board meeting commenced at 6:00 p.m. and concluded at 7:00 p.m. on May 26, 2026.
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General Insurance Corporation of India filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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