ICICI Lombard General Insurance Company Limited has submitted a regulatory filing to the BSE and NSE intimating a change in its board composition.
The disclosure confirms the cessation of Mr. Ved Prakash Chaturvedi (DIN: 00030839) from his position as a Non-executive, Independent Director of the Company. The cessation is effective from the end of the day on July 12, 2026.
The reason for this change is the completion of his tenure. The company's letter dated April 10, 2021, had informed of his re-appointment for a second term of five consecutive years, which was effective from July 13, 2021, to July 12, 2026. With the conclusion of this second term, he ceases to be a director.
The Board of Directors have placed on record their deep appreciation for the immense contributions made by Mr. Chaturvedi during his tenure.
The annexure provides the following structured details:
- Name of Director: Mr. Ved Prakash Chaturvedi (DIN:00030839)
- Reason for change: Ceases as Non-executive, Independent Director upon completion of his second term.
- Date of cessation: With effect from the end of the day of July 12, 2026.
- Brief profile (in case of appointment): Not Applicable
- Disclosure of relationships between directors: Not Applicable
The letter is signed by Vikas Mehra, Company Secretary, for ICICI Lombard General Insurance Company Limited.