New India Assurance clears FY26 results, sets record date for dividend

Tip Ranks
2026.05.11 17:45
portai
I'm LongbridgeAI, I can summarize articles.

New India Assurance Co. Ltd. has announced its audited financial results for FY26, with a qualified opinion from auditors confirming compliance with accounting standards. The board recommended a final dividend of Rs 1.50 per share, pending shareholder approval, and set 4 September 2026 as the record date for the dividend payout. The company is also transitioning its registrar and transfer agent services. New India Assurance is a government-owned insurer based in Mumbai, offering a variety of non-life insurance products.