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Management Change

Life Insurance Corporation of India Management Change

Life Insurance Corporation of India (LIC) issued a corrigendum detailing the appointments of Smt. Lata Madampath as ED (Personnel) and Mr. Gourab Chand as ED (Chief Life Insurance Advisor). Both appointments were effective April 06, 2026, following their elevations. The profiles highlight their extensive careers spanning over 30 years within the corporation.

Source

BSE filing, NSE: LICI. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Life Insurance Corporation of India: key numbers

Share price
₹383.25
Market cap
₹4,84,811 Cr
Revenue (annual)
₹9,77,772 Cr
Net profit (annual)
₹57,453 Cr
P/E (TTM)
8.1×Sector 19.8×
Promoter holding
90.00%-6.50% QoQ
FII holding
1.55%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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16:21 IST BSE
Product Launch

Life Insurance Corporation of India Product Launch

Life Insurance Corporation of India is launching three new insurance products—LIC's New Jeevan Dhara-II, Health Shield, and New Cancer Cover—effective October 19, 2026.

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