Life Insurance Corporation of India Business Update
LIC submitted its BRSR for FY 2025-26 as per SEBI regulations. The report details ESG metrics and is part of its annual reporting.
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LIC submitted its BRSR for FY 2025-26 as per SEBI regulations. The report details ESG metrics and is part of its annual reporting.
LIC has filed its Annual Report for FY 2025-26 and notice for its 5th AGM on July 27, 2026. The notice details remote e-voting procedures and cut-off dates for shareholder eligibility.
LIC reports FY26 PAT of ₹57,419 Cr with a shift toward high-margin Non-Participating products (60.8% of individual new business premium). Strategy focuses on digital transformation and agency-led distribution.
Life Insurance Corporation of India appointed Shri Jayasimhan Madabhushi Matam Tirumala as Chief Compliance Officer, effective June 24, 2026. The appointment was approved by the Board.
Life Insurance Corporation of India re-designated Smt Radha Chatterjee as Chief (In-Charge) of Corporate Governance. She is now classified as Senior Management Personnel effective June 09, 2026.
Life Insurance Corporation of India (LIC) allotted 632.50 Crore bonus equity shares in a 1:1 ratio. This capitalization increases the total paid-up share capital to ₹12,649.99 Crore.
Life Insurance Corporation of India announced the superannuation of four Senior Management Personnel effective May 31, 2026. These planned departures conclude their tenure with the Corporation.
LIC reported its highest ever PAT of ₹57,419 crore for FY26, a 19.25% YoY increase. The company achieved a VNB growth of 41.63% and expanded VNB margins to 21.2%.
LIC Corporate Presentation for FY26 reporting PAT of ₹57,419 Cr (+19.25% YoY) and AUM of ₹57.29 lakh Cr (+5.08%). Strategy focuses on increasing non-par product share.
LIC is launching two new individual savings plans effective June 01, 2026. These domestic market products expand the corporation's non-par, non-linked insurance portfolio.
LIC recommended a final dividend of ₹10 per equity share for FY 2025-26. The record date is June 25, 2026, with payment scheduled by August 25.
LIC issued a corrigendum to its FY26 financial results filing. The update clarifies that the Audit Committee meeting was adjourned from May 20 to May 21.
LIC submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall regulatory compliance and notes specific board composition exemptions.
LIC reported strong FY26 performance with total premium income reaching ₹5,35,984 Cr and PAT at ₹57,419 Cr. Strategy focuses on increasing non-par product share and maintaining market leadership.
LIC reported a record FY26 PAT of ₹57,419 Crore, marking 19.25% growth. The Board recommended a ₹10 per share dividend, reflecting strong operational performance and leadership.
Life Insurance Corporation of India reported revenue from operations of ₹165,067 Cr (+11.6% YoY) and net profit of ₹23,467 Cr (+23.3% YoY) for Q4 FY26.
LIC approved its FY2026 audited financial results and recommended a Rs. 10 per share final dividend. A 1:1 bonus issue was also confirmed with a record date.
LIC shareholders approved a 1:1 bonus share issue and several director appointments via postal ballot. These resolutions strengthen capital base and ensure board continuity.
CareEdge ESG Ratings assigned a 74.0 score and 'CareEdge-ESG 1' symbol to LIC. This assessment reflects the Corporation's sustainability performance and governance standards.
LIC appointed Shri Sanjay Lohiya as Government Nominee Director, replacing Ms. Shalini Pandit. This leadership transition follows a Central Government notification effective May 13, 2026.
LIC scheduled a board meeting on May 21, 2026, to approve audited financial results and recommend a final dividend. The trading window remains closed until May 23.
Life Insurance Corporation of India (LIC) announced that Ms. Sangeeta Ram ceased to be a Senior Management Personnel effective May 05, 2026. This follows the takeover of charge by Mr. Sanjay Kumar Gupta as Principal of the Zonal Training Centre in Agra.
Life Insurance Corporation of India (LIC) has designated Mr. Sanjay Kumar Gupta as Senior Management Personnel. He has been appointed as Principal of the Zonal Training Centre in Agra, effective May 05, 2026. He previously served as Secretary (IT/Digital Transformation) at the Corporation's Central Office in Mumbai.
Life Insurance Corporation of India (LIC) announced that Mr. Jose George ceased to be a Senior Management Personnel effective May 4, 2026. He is succeeded by Mr. Loganathan Chendurnathan, who has joined as Director of the Zonal Training Centre in Chennai. This transition represents a routine leadership change within the organization.
Life Insurance Corporation of India announced that Mr. Jose George has ceased to be Senior Management Personnel effective May 04, 2026. This follows Mr. Loganathan Chendurnathan taking charge as Director of the Zonal Training Centre in Chennai. The change reflects routine leadership transitions within the Corporation's training division.
Life Insurance Corporation of India (LIC) announced the cessation of Ms. Pratibha Singh and Mr. Mahtabuzzaman as Senior Management Personnel effective April 30, 2026. Both executives are retiring from the corporation due to superannuation.
Life Insurance Corporation of India (LIC) announced that Smt Pratibha Singh, Executive Director (Liaison), and Shri Mahtabuzzaman, Director of Zonal Training Centre, Hyderabad, will superannuate on April 30, 2026.
Life Insurance Corporation of India announced the cessation of Mr. Vinod Kumar Verma and Mr. Ranjan Sharma as Non-Executive Independent Directors. Both cessations are effective from April 28, 2026, due to the completion of their co-terminus terms of office. This transition reflects routine board tenure management.
Life Insurance Corporation of India (LIC) announced the cessation of Shri Vinod Kumar Verma and Dr. Ranjan Sharma as Independent Directors following the completion of their terms on April 28, 2026. Consequently, they also stepped down from their respective board committee positions.
Life Insurance Corporation of India (LIC) has appointed Mr. Varadarajan Muthuvenkataraman as Additional Executive Director (Enterprise Risk Management) for a 17-month term effective April 24, 2026. A veteran with over three decades at LIC, he previously served as Regional Manager at LIC Housing Finance Ltd.