Niva Bupa Health Insurance Company Non-Executive Director Roger William John Davis steps down
Niva Bupa Health Insurance Company (NIVABUPA) said Roger William John Davis, Non-Executive Director, has ceased. The company is valued at about ₹14,047 crore.
What happened
Niva Bupa Health Insurance Company (NIVABUPA) told the exchanges on 19 October 2026 at 10:33 PM that Roger William John Davis, Non-Executive Director, has ceased.
Company snapshot
Niva Bupa Health Insurance Company is a small-cap company in the Financial Services sector, with a market value of about ₹14,047 crore.
The stock last traded at ₹75.96, against a 52-week range of ₹67.5–₹91.4 (16.9% below the high).
Before this filing the shares had moved −4.5% over the month and −11.8% over three months. Average daily turnover over the last 20 sessions was about ₹16.72 crore.
Promoters held 55.30% at the end of Q1 FY27, down 0.06% points from the previous quarter. Foreign institutions owned 12.09% and domestic institutions 16.17%.
What history shows
This is not the company's first management change disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.1% on average the next trading day and was down 1.4% on average after five days (5 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.1% on average the next day and −0.5% over five days; 49% of them rose the next day.
Market-wide, 3,974 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 16 Sept 2026 | Management change | +0.1% | −4.3% |
| 11 Aug 2026 | Receipt Of Approval From Insurance Regulatory And Development… | −2.7% | −3.1% |
| 3 Jun 2026 | Resignation of Director/KMP/SMP | −2.7% | +0.2% |
| 3 Jun 2026 | Resignation of Director/KMP/SMP | −2.7% | +0.2% |
| 3 Jun 2026 | Resignation of Mr. Milind Gajanan Barve as Non- Executive… | −2.7% | +0.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Niva Bupa IPO: Growth, claim settlement and retention metrics compared with industry peers
- Delhi High Court imposes costs of ₹1 on Niva Bupa for misusing IP jurisdiction to sue influencer
- Repeated Document Demands, Health Claim Rejection: Delhi Consumer Commission Holds Niva Bupa Liable
- Delhi HC imposes fine of ₹1 on Niva Bupa Health Insurance: What’s the case? Why the amount? Explained
- Delhi consumer commission directs Niva Bupa to pay Rs 4.72 lakh to 76-year-old woman
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.