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ICICI Lombard General Insurance Company informs about outcome of board meeting

19 Jul 2024 Evaluate
ICICI Lombard General Insurance Company has informed that the Board of Directors of the Company, at their Meeting held today, Friday, July 19, 2024, approved the following; Audited Financial Results & Audited Financial Statements of the Company for the quarter ended June 30, 2024. A copy of the Audited Financial Results for the quarter ended June 30, 2024, together with the Statutory Auditors' Report in the prescribed format is enclosed; Based on the recommendation of the Board Nomination and Remuneration Committee, the Board have approved appointment of Rajive Kumar (DIN: 06620110) as an Additional Director in the category of 'Non-executive, Independent Director' of the Company for a term of five (5) consecutive years, with effect from July 19, 2024 to July 18, 2029, subject to approval of Members of the Company. Also affirmed Rajive Kumar is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other such authority. The Company will seek approval of Members of the Company through Postal Ballot for appointment of Rajive Kumar as Non-Executive, Independent Director of the Company.

The above information is a part of company’s filings submitted to BSE.

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