The Insurance Regulatory and Development Authority of India (“IRDAI”) has issued a Corporate Agent (Composite) license to the Company on June 10, 2024. This license allows the Company to engage in soliciting life, general, and health insurance products as a Corporate Agent, in accordance with the Insurance Regulatory and Development Authority of India (Registration of Corporate Agents) Regulations, 2015.

With this approval, the Company gains the authority to actively promote and sell a wide range of insurance products, including life, general, and health insurance, directly to its customers.

This designation as a Corporate Agent underscores the Company’s capability to serve as a trusted intermediary in the insurance market, enhancing its portfolio of services and bolstering its competitive position. Notably, the validity of this license extends from June 10, 2024, to June 09, 2027, providing a clear timeframe for leveraging this newfound opportunity to drive business growth and value creation.


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