LIC Bonus Issue 2026: Shares of Life Insurance Corporation of India (LIC) might remain in focus in the upcoming days as the company has announced a major corporate action today. The stock, a constituent of BSE 200, informed about the corporate action in an exchange filing today, April 7.
In the exchange filing today, LIC informed that bourses that the Board of Directors of the company is scheduled to be held on Monday, April 13, 2026, to consider and recommend a proposal for the issue of bonus shares.
However, the proposal is subject to the approval of the shareholders of the company, it added in the filing.
This is the first-ever bonus issue by LIC since the company listed on the stock exchanges.
LIC Bonus Issue 2026: Trading window closure
It further stated that ‘the trading window for dealing in the equity shares of the corporation is already closed and shall remain closed till 48 hours after the announcement of financial results for the quarter and year ended March 31, 2026.’
Shares of LIC have been declining in the last few years. In the last one week, LIC shares have gone up 0.5 per cent, while in the last one month, the stock has declined 10.97 per cent, respectively.
Similarly, it plummeted 8.83 per cent in the last three months, 13.08 per cent in six months and 0.2 per cent in one year, respectively.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
