Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The New India Assurance Company Limited

Meeting Details

The 107th Annual General Meeting was held on Monday, July 27, 2026, at 11:30 a.m. (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM) without physical presence of members, in compliance with MCA circular dated September 22, 2025. The meeting concluded at 1:10 p.m. (IST).

Proposed Resolutions and Implications

The AGM considered and passed the following six ordinary resolutions:

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Standalone Financial Statements, Audited Consolidated Financial Statements for FY ended March 31, 2026, and Reports of Board of Directors, Statutory Auditors, and CAG comments.

2. Final Dividend Declaration: To declare final dividend of ₹1.50 per equity share for Financial Year 2025-26.

3. Auditor Remuneration Authorization: To authorize the Board of Directors to fix remuneration of Joint Statutory Auditors appointed by C&AG for FY 2026-27.

4. Director Re-appointment: To appoint Ms. Girija Subramanian, CMD (DIN: 09196957), who retires by rotation and offered herself for re-appointment.

5. Executive Director Appointment: Appointment of Mr. S. Sivasankar as Executive Director.

6. Government Nominee Director Appointment: Appointment of Mr. Hari Har Mishra as Government Nominee Director.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Facilitated by Central Depository Services (India) Limited (CDSL) from July 24, 2026 (9:00 a.m.) to July 26, 2026 (5:00 p.m.) for members registered as of July 20, 2026 (cut-off date)
  • E-voting during AGM: For members who had not cast votes through remote e-voting
  • The Board appointed Mr. S.N. Viswanathan (and in his absence Ms. Malati Kumar) of M/s. S.N. Ananthasubramanian & Co. as Scrutinizer

Key Voting Outcomes

Resolution-wise Results:

Item No. 1 - Adoption of Financial Statements

  • Total Votes: 142,92,62,988
  • Assent: 141,31,25,615 (98.8709%)
  • Dissent: 1,61,37,373 (1.1291%)

Item No. 2 - Final Dividend Declaration

  • Total Votes: 157,20,97,321
  • Assent: 157,08,15,573 (99.9185%)
  • Dissent: 12,81,748 (0.0815%)

Item No. 3 - Auditor Remuneration Authorization

  • Total Votes: 157,20,97,126
  • Assent: 157,20,95,408 (99.9999%)
  • Dissent: 1,718 (0.0001%)

Item No. 4 - Director Re-appointment (Ms. Girija Subramanian)

  • Total Votes: 157,20,97,126
  • Assent: 156,87,13,779 (99.7848%)
  • Dissent: 33,83,347 (0.2152%)

Item No. 5 - Executive Director Appointment (Mr. S. Sivasankar)

  • Total Votes: 157,20,97,126
  • Assent: 155,58,72,376 (98.9681%)
  • Dissent: 1,62,21,857 (1.0319%)

Item No. 6 - Government Nominee Director Appointment (Mr. Hari Har Mishra)

  • Total Votes: 157,20,97,126
  • Assent: 155,56,85,191 (98.9560%)
  • Dissent: 1,64,11,935 (1.0440%)

Participation Breakdown

The meeting was attended by 81 members through VC/OAVM and authorized representatives. The remote e-voting had participation from 254-257 members across different resolutions, with additional 7 members voting during the AGM.

Scrutinizer's Role and Findings

Mr. S.N. Viswanathan of S.N. Ananthasubramanian & Co. was appointed as Scrutinizer to ensure fair and transparent voting process. The scrutinizer:

  • Had access to member details who voted through remote e-voting before AGM commencement
  • Unblocked and downloaded results from CDSL platform after AGM e-voting concluded
  • Verified all votes as valid
  • Confirmed all six ordinary resolutions passed with requisite majority

Compliance Confirmation

The meeting was conducted in compliance with:

  • Companies Act, 2013 and relevant rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA circular dated September 22, 2025 regarding virtual meetings
  • Companies (Management and Administration) Rules, 2014

Additional Information

The company published AGM notices in Financial Express (English), Loksatta (Marathi), and Jansatta (Hindi) newspapers on July 6, 2026. Notices were emailed to 1,63,047 members and physical communication sent to 6,442 members without registered email addresses. The consolidated voting results and scrutinizer's report are available on the company's website at www.newindia.co.in.