Bharti AXA General Insurance
Bharti AXA General Insurance Company Limited is registered with the Registrar of Companies, Bangalore, under CIN U66030KA2007PLC043362, with an incorporation date on record of 13 July 2007. Its registered office is listed as First Floor, Hosto Centre, No. 43, Millers Road, Vasanth Nagar, Bangalore, Karnataka, India, and it held Insurance Regulatory and Development Authority of India (IRDAI) Registration No. 139 as a general (non-life) insurer.
Bharti AXA General Insurance Company Limited was established as a joint venture between Bharti Enterprises, which held 51 percent, and AXA Group, which held 49 percent, according to AXA’s own corporate disclosures. Operating under the Bharti AXA brand, the company underwrote motor and two-wheeler, health and critical illness, property, student, individual and family travel, and crop insurance products for customers in India.
The company’s principal recent development was the demerger of its entire general insurance business into ICICI Lombard General Insurance Company Limited. The National Company Law Tribunal, Mumbai, approved the scheme of arrangement on 13 May 2021, and IRDAI granted final approval on 3 September 2021; the scheme took effect on 8 September 2021, with an appointed date of 1 April 2020. As consideration, AXA and Bharti Enterprises together received approximately 35.8 million ICICI Lombard shares, valued at a combined xe2x82xac664 million, and both partners exited the joint venture, according to AXA’s official announcement of the completed transaction.
The company’s on-file registration status is shown as active, but an active registry filing does not by itself indicate that the entity continues to trade as a going concern, since its former insurance business now operates within ICICI Lombard. The web domain historically associated with the company, bharti-axagi.co.in, currently displays unrelated financial-content articles rather than an active insurer’s site.
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Shareholders
The most recent verified ownership information for Bharti AXA General Insurance Company Limited is the joint-venture shareholding disclosed in AXA’s own corporate announcements: Bharti Enterprises held 51 percent and AXA Group held 49 percent of the company. This structure was in place throughout the joint venture and remained current up to the 8 September 2021 completion of the transaction described below.
On 8 September 2021, Bharti Enterprises and AXA Group completed the demerger of the company’s general insurance business into ICICI Lombard General Insurance Company Limited under a scheme of arrangement approved by the National Company Law Tribunal, Mumbai. As consideration, the two shareholders together received approximately 35.8 million shares of ICICI Lombard, worth a combined xe2x82xac664 million, and both exited their shareholding in the Indian non-life insurance joint venture at that time, according to AXA’s official press release announcing completion.
No shareholder filing confirming the company’s ownership structure after 8 September 2021 was located. Because the underlying insurance business was transferred out of the company by demerger, any shareholding retained in the residual legal entity after that date could not be verified from available sources.
Data availability: Historical. The 51/49 percent joint-venture ownership on record predates, and does not reflect, the September 2021 exit of both shareholders from the joint venture.
Officers
Historical officer records identify Rakesh Bharti Mittal as Chairman of Bharti AXA General Insurance Company Limited, and Sanjeev Srinivasan as Chief Executive Officer and Managing Director, a role reported in industry press coverage from 2016. Nationality and country of residence are not disclosed in the available records for either individual, and neither has been inferred from name, address or any other indirect indicator.
These appointments date from the joint-venture period, before the 8 September 2021 demerger of the company’s general insurance business into ICICI Lombard General Insurance Company Limited. No source was located confirming current officers of the residual Bharti AXA General Insurance Company Limited legal entity after that date, and no resignation dates for the individuals named above could be verified.
Data availability: Historical. Officer information available for this entity predates the September 2021 business demerger; current appointment and resignation data for the post-demerger entity was not found.
Group Structure
Bharti AXA General Insurance Company Limited operated as a joint venture between Bharti Enterprises, holding 51 percent, and AXA Group, holding 49 percent, until 8 September 2021. On that date, under a scheme of arrangement approved by the National Company Law Tribunal, Mumbai (order dated 13 May 2021) and given final approval by the Insurance Regulatory and Development Authority of India on 3 September 2021, the company’s entire general insurance business was demerged into ICICI Lombard General Insurance Company Limited, with an appointed date of 1 April 2020.
ICICI Lombard General Insurance Company Limited is the verified recipient of Bharti AXA General Insurance Company Limited’s general insurance business under this demerger, rather than a parent company sitting above a continuing subsidiary of Bharti AXA General Insurance Company Limited. Both former joint-venture shareholders, Bharti Enterprises and AXA Group, received ICICI Lombard shares as consideration and exited the joint venture at completion, according to AXA’s official announcement.
Recent structural changes: completion of the demerger of Bharti AXA General Insurance Company Limited’s general insurance business into ICICI Lombard General Insurance Company Limited, effective 8 September 2021.
Data availability: Historical. The joint-venture structure on record predates, and does not reflect, the September 2021 demerger; no parent, subsidiary or ownership relationship for the residual legal entity after that date was found.
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Frequently Asked Questions
What does Bharti AXA General Insurance do?
Bharti AXA General Insurance Company Limited was an Indian non-life insurer and a joint venture between Bharti Enterprises (51%) and AXA Group (49%), registered in Karnataka under CIN U66030KA2007PLC043362 and holding IRDAI Registration No. 139, before its general insurance business was demerged into ICICI Lombard General Insurance Company Limited on 8 September 2021.
Who owns Bharti AXA General Insurance?
Bharti Enterprises held 51 percent and AXA Group held 49 percent of Bharti AXA General Insurance Company Limited; both shareholders received ICICI Lombard shares as consideration and exited the joint venture when the demerger completed on 8 September 2021.
Who is Bharti AXA General Insurance's UBO (Ultimate Beneficial Owner)?
No Ultimate Beneficial Owner (UBO) data is recorded for Bharti AXA General Insurance; access to beneficial-ownership data in this jurisdiction is governed by its own register rules.
Is Bharti AXA General Insurance still an active company?
Bharti AXA General Insurance's status on Company Data Enrichment is listed as active.
What is Bharti AXA General Insurance's registered address?
The registered address on file for Bharti AXA General Insurance is Nepal.
Who are the officers/directors of Bharti AXA General Insurance?
Historical records list Rakesh Bharti Mittal as Chairman and Sanjeev Srinivasan as Chief Executive Officer and Managing Director of Bharti AXA General Insurance Company Limited during the joint-venture period, before the company's September 2021 business demerger into ICICI Lombard.
Does Bharti AXA General Insurance have a parent company or subsidiaries?
Bharti AXA General Insurance Company Limited's entire general insurance business was demerged into ICICI Lombard General Insurance Company Limited effective 8 September 2021, under a scheme approved by the National Company Law Tribunal, Mumbai and the Insurance Regulatory and Development Authority of India.
Can Zavia monitor changes to Bharti AXA General Insurance's ownership over time?
This profile reflects a point-in-time snapshot from Company Data Enrichment. Zavia's monitoring API can track changes to Bharti AXA General Insurance's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Bharti AXA General Insurance's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Nepal, so records like Bharti AXA General Insurance's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Company Data Enrichment and was last synced on 13 August 2026.