IRDAI circular · 28 Sept 2021
qrrfrq *qI frftqrffi *r P{fir( flftr{.r'r Survey No. 115/'1, Financial District, Nanakramguda, Hyderabad-S00 032, lndia Q : +9'140-2020 4000 Website : www.irdai.gov.in a/l\ !NSURANCE REGULATORY AND irJoi oeveLopMENT AUTHoRtTy oF rNDrA REF: IRDAI/Fnl/CIR/llW/255/09/2OZ Datg 27\r Sep,2O2l CIRCULAR DMdend Criterh for Equl…
[Image omitted. See the official document.] भारतीय बीमा विनियामक और विकास प्राधिकरण
INSURANCE REGULATORY AND
DEVELOPMENT AUTHORITY OF INDIA
REF: IRDAI/F&I/CIR/INV/255/09/2021
Date: 27th Sep, 2021
CIRCULAR
Dividend Criteria for Equity Investment under “Approved Investment”
In continuation to circular no: IRDAI/F&I/CIR/INV/065/03/2021 Dt 31st March, 2021 on the subject, the Authority in exercise of its powers conferred under Regulation 14(2) of the IRDAI (Investments) Regulations, 2016, hereby permits Insurers to classify investments in Preference Shares and Equity Shares as part of “Approved Investment” if dividend is paid on such Shares “for at least 2 years out of 3 consecutive years immediately preceding” instead of “for at least 2 consecutive years immediately preceding” (as required under Regulation 3(a)(4) and 3(a)(5) of IRDAI (Investment) Regulations, 2016) for the period from 1st October, 2021 to 31st March, 2022.
Sd/-
(SN Jayasimhan)
HOD-Investments
सर्वे नं. 115/1, फाइनेंशियल डिस्ट्रिक्ट, नानकरामगुडा, हैदराबाद-500 032, भारत
✆ : +91-40-2020 4000 वेबसाइट : www.irdai.gov.in
Survey No. 115/1, Financial District, Nanakramguda, Hyderabad-500 032, India
✆ : +91-40-2020 4000 Website : www.irdai.gov.in
