LIC Bonus Issue: Shares of state-run Life Insurance Corporation of India (LIC) are expected to remain in focus in the next trading session, as May 27 marks the last day for investors to become eligible for the company’s first-ever bonus issue.
The stock is likely to see heightened activity ahead of the record date, amid strong interest in the insurer’s latest corporate actions.
Life Insurance Corporation of India Bonus Issue
In an exchange filing dated May 21, LIC announced a 1:1 bonus issue. The company said the Board has fixed Friday, May 29, 2026, as the record date to determine shareholder eligibility.
“The Board of Directors of the Corporation has fixed Friday, May 29, 2026, as the Record date for the purpose of ascertaining the eligibility of Members of the Corporation for bonus equity shares in the proportion of 1:1,” the filing said. (LIC Bonus Issue Record Date)
Under the bonus plan, shareholders holding 1 share will receive 1 additional fully paid-up equity share of Rs 10 each, effectively doubling their holdings without any fresh investment.
Under the 1:1 ratio, investors holding 100 shares as of the cut-off date will receive 100 additional shares free of cost. The move is expected to enhance liquidity and attract retail participation ahead of the record date.
LIC Final dividend
Alongside the bonus announcement, LIC also declared a final dividend of Rs 10 per equity share of face value Rs 10 for FY26, translating into a 100 per cent payout.
The company noted, “Recommended a final dividend of Rs 10 per equity share of Rs 10 each (equivalent to Rs 20 per equity share pre-bonus issue basis) for the Financial Year 2025-26.”
This means that an investor holding 100 shares of the company would receive Rs 1,000 as a final dividend.
The record date for the dividend has been set at June 25. (LIC Final Dividend Record Date)
LIC Q4 Results
LIC reported a consolidated net profit of Rs 23,467 crore for Q4 FY26, registering a 23 per cent year-on-year increase. Net premium income rose 12 per cent YoY to Rs 1.65 lakh crore, compared with Rs 1.48 lakh crore in the same quarter last year, reflecting steady growth in the insurer’s core business.
LIC Share Price
The share price of the BSE 200 stock was trading nearly 2 per cent, or Rs 16, higher at Rs 853.15 as of 1:45 pm on the BSE.
(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.)
