New India Assurance Proposes Selling 1.05 Crore NSE Shares Through IPO

9 September 2026

The New India Assurance Company Ltd.

New India Assurance proposes to sell 1.05 crore NSE shares, 29.83% of its NSE holding, via offer for sale in NSE's IPO subject to approvals. Shares transferred to escrow on 8 Sep 2026, completion expected end-Sep 2026. Received Rs 123.2 crore dividend from NSE in FY26.