LIC Bonus Issue: Shareholders to get one additional share for every existing share held | DETAILS – Markets

LIC Bonus Issue: Shareholders to get one additional share for every existing share held | DETAILS - Markets


“Pursuant to the provisions of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 (“Listing Regulations”), it is to inform that the Board of Directors of the Life Insurance Corporation of India (“the Corporation”) at its meeting held today, i.e., Monday, April 13, 2026, inter-alia, considered and approved the issuance of bonus equity shares in the proportion of 1:1, i.e., 1 (One) fully paid up equity share of ₹10/- each for every 1 (One) fully paid-up equity share of ₹ 10/- each held by the Members of the Corporation as on the Record Date, by capitalizing a sum not exceeding 6324,99,77,010/- (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten only) out of the Reserves & Surplus of the Corporation available as at December 31, 2025, subject to approval of the Members of the Corporation,” said LIC in an exchange filing on Monday, April 13.



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