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New India Assurance Co. Ltd. ( (IN:NIACL) ) has shared an announcement.
New India Assurance’s board has approved the audited financial results for the quarter and full year ended 31 March 2026, following a meeting held in Mumbai via hybrid mode. The auditors issued a qualified opinion but confirmed the results present a true and fair view in line with applicable accounting standards and IRDAI regulations.
The board recommended a final dividend of Rs 1.50 per equity share with a face value of Rs 5, subject to shareholder approval at the forthcoming AGM, and set 4 September 2026 as the record date for the FY 2025-26 payout. The company also extended the mandate of its existing registrar and transfer agent, M/s MUF Intime India Private Limited, until the onboarding of new R&TA M/s Alankit Assignments Limited or for up to nine months, signalling an ongoing transition in its shareholder servicing arrangements.
More about New India Assurance Co. Ltd.
The New India Assurance Company Limited is a government-owned insurer headquartered in Mumbai, operating in the general insurance sector. The company offers a wide range of non-life insurance products and serves retail and institutional customers across India, with its shares listed on both BSE and NSE.
Average Trading Volume: 185,413
Technical Sentiment Signal: Hold
Current Market Cap: 270.4B INR
For a thorough assessment of NIACL stock, go to TipRanks’ Stock Analysis page.