General Insurance Corporation of India (GIC Re) has issued a follow-up disclosure regarding the appointment of Mr. Deepak C. S. as Company Secretary. Following the Board’s approval on November 12, 2025, Mr. S. has since informed the corporation that he is unable to join the role due to unforeseen changes in circumstances. The effective date of his joining will therefore not proceed as initially planned.
Rescinded Appointment of Key Personnel
General Insurance Corporation of India (GIC Re) is providing an update concerning the appointment of Mr. Deepak C. S. (Membership Number: FCS-5060), who was approved by the Board of Directors to serve as the Company Secretary, Compliance Officer, and Key Managerial Personnel.
This initial approval was formally disclosed via communication dated November 12, 2025. At that time, GIC Re informed the Stock Exchanges that the effective date of appointment would be confirmed subsequently.
Inability to Join
In the present communication, GIC Re states that Mr. Deepak C. S. has conveyed his inability to join the Corporation. This decision stems from subsequent changes in his personal circumstances.
The corporation requests that the Stock Exchanges take note of this development, confirming that the planned assumption of duties by Mr. S. will not take place.
The disclosure was officially signed by (Satheesh Kumar), Company Secretary & Compliance Officer, on March 10, 2026.
Source: BSE
