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EquityWireLIC board to meet Monday to mull issuing bonus shares

LIC board to meet Monday to mull issuing bonus shares

This story was originally published at 20:11 IST on 7 April 2026
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Informist, Tuesday, Apr. 7, 2026

 

--LIC board to Monday mull issue of bonus shares 

 

MUMBAI – The board of Life Insurance Corp. of India will meet Monday to consider and recommend issuing bonus shares to shareholders, the insurer told exchanges Tuesday.

 

For the quarter ended December, LIC reported a net profit of INR 129.58 billion on net premium income of INR 1.26 trillion. Tuesday, the state-owned company's shares ended 0.2% lower at INR 743.20 on the National Stock Exchange.  End

 

Reported by Shubham Rana

Edited by Saji George Titus

 

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