GIC Housing Finance Appoints Lavanya Mundayur Director

Nature of change: Appointment of Smt. Lavanya Mundayur (DIN 10884921) as an Additional Director (Non-Executive Director)
Effective date: October 28, 2026
Appointment mechanism: Approved by the Board of Directors through a Circular Resolution
Shareholder approval: Subject to subsequent approval of the shareholders

Director Profile and Qualifications:

Current position: Chairman cum Managing Director in The New India Assurance Company Limited (joined September 30, 2026)
Previous position: Chairman cum Managing Director in the Agriculture Insurance Company of India Ltd.
Experience: Over three decades of experience in the insurance sector across India and international markets
Previous roles at New India Assurance: General Manager-Technical and Chief Underwriting Officer, leading Property, Marine, and Aviation underwriting and claims divisions
Historic achievement: First female CEO to head New India's GCC operation
International experience: Served at New India's Dubai office as board/committee member of industry associations (IBG and GIMIC)
Education: Postgraduate degree in Analytical Chemistry
Professional certifications: Fellow of the Insurance Institute of India, Certified Reinsurance Specialist from Singapore College of Insurance
Honors: Received Honorary Industrial Doctorate from AIMRI, UAE in 2023 for contributions to the field

Relationship with Other Directors:

Regulatory Compliance:

Confirmation that Smt. Lavanya Mundayur has not been debarred from holding the office of Director by virtue of any order issued by SEBI or any other authority
Appointment made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Compliance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Compliance with BSE & NSE Circular no(s). LIST/COMP/14/2018-19 & NSE/CML/2018/24 dated June 20, 2018

Nominating Entity:

Company Details: