Press Release of 67th Annual General Meeting (AGM) of ECGC Ltd. held on September 09, 2025 at Mumbai
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Mr. Subir Kumar Das, ED, ECGC, and Mr. Atsuo Kuroda, CEO, NEXI, unveiled the Reinsurance Agreement during TICAD9 on August 21, 2025, in the presence of Mr. Shigeru Ishiba, Hon’ble PM of Japan.
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Claim of Rs. 1,08,58,550.00 has been paid to PH M/s Pagariya Exports Pvt Ltd on account of default by the buyer by Nagpur Branch.
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Policy claim cheque of Rs.42.64 Lakhs was handed over to M/s. T C Terrytex Ltd. The claim was settled on account of the default by a buyer – M/s. LA Compagnie Safdie Inc, Canada.
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Ms. Aarti Pandey, Branch Manager, New Delhi Branch, ECGC Ltd handed over claim cheque of Rs. 2,37,23,016.00 to exporter M/s Pebbles on account of insolvency of one of their buyers.
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Claim paid to The South Indian Bank Ltd, Behala Branch, under ECIB WT-PC- Rs. 10,86,192.00/-.
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Claim paid to M/s. Jai Shree Tea & Industries Ltd.- Rs. 56 lacs.
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