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Indiabulls Integrated Services Ltd - R1 Approval For General Insurance Business

| Updated on April 17, 2019 Published on April 17, 2019

In furtherance to earlier intimation dated 15th January 2019 informing receipt of regulatory R1 approval by Companys wholly owned subsidiary Indiabulls Life Insurance Company Limited for its proposed life insurance business, we are pleased to inform that the Companys another wholly owned subsidiary Indiabulls General Insurance Limited has also received regulatory R1 approval from Insurance Regulatory and Development Authority of India (IRDAI) for its proposed general insurance business. The Company is in the process of putting in place the necessary systems and move ahead with the next step of filing its application for registration (R2) with IRDAI to undertake general insurance business in India.

This is for your information and records.

Pdf Link: Indiabulls Integrated Services Ltd - R1 Approval For General Insurance Business

Source : BSE - www.bseindia.com

Published on April 17, 2019
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