LIC Bonus Issue 2026 News: Shares of India’s insurance giant Life Insurance Corporation of India (LIC) might remain in focus in the upcoming days as the company has set the record date for the bonus issue. LIC, a constituent of BSE 200, informed about the corporate action in an exchange filing today, May 21.
LIC Bonus Issue 2026 record date
LIC, in an exchange filing today, said it has set 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, i.e., one new fully paid-up equity share each for every one existing fully paid-up equity share.
“The Board of Directors of the Corporation (“Board”) 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, i.e., 1 (One) new fully paid-up equity share of Rs. 10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs. 10/- (Rupees Ten Only) each,” LIC said in an exchange filing.
This means, only those shareholders who hold the shares of the LIC as on the record date will be eligible to receive the bonus issue.
LIC Bonus Issue 2026 details
Earlier in April, the board of LIC approved the plan to issue one fully paid-up equity share of Rs 10 each for every fully paid-up equity share of Rs 10 each held by eligible shareholders as on the record date. The insurance gian that it will issue the bonus shares by capitalising up to Rs 6,325 crore out of its reserves and surplus available as on December 31, 2025, which stood at nearly Rs 1.5 lakh crore.
LIC Bonus Issue 2026 credit date
In the exchange filing in April, LIC had said that bonus shares will be credited within two months from the date of the board’s approval, that is, on or before June 12 this year.
