- Life Insurance Corporation plans its first-ever bonus share issue with board meeting on April 13
- Bonus share proposal awaits shareholder approval and follows regulatory provisions
- LIC's trading window for equity shares remains closed until 48 hours after March 2026 results
Life Insurance Corporation of India is considering its first ever bonus share issue, the company informed in a regulatory filing on Tuesday.
Accordingly, the Board of Directors is slated to meet on April 13 to mull issuance of bonus shares, as per the filing.
"It is to inform that a meeting of the Board of Directors of the Life Insurance Corporation of India (“the Corporation”) is scheduled to be held on Monday, April 13, 2026 to inter-alia consider and recommend a proposal for issue of Bonus shares," the filing stated.
However, the proposal is subject to approval from the shareholders of the Corporation and will be done in accordance with the applicable provisions.
Further, LIC reiterated that the trading window for dealing in the equity shares of the Corporation is closed and said that it shall remain closed till 48 hours after the announcement of financial results for the quarter and year ended March 31, 2026.
ALSO READ: Swan Defence Bags Rs 3,000 Crore Order For Construction Of Ammonia Bulk Carriers
LIC Q3FY26
State-owned life insurer LIC reported a 17% jump in net profit at Rs 12,958 crore in the third quarter ended December 2025.
The country's biggest insurer, Life Insurance Corporation of India (LIC), earned a net profit of Rs 11,056 crore in the year-ago period.
During the quarter, the net premium income of the insurer rose to Rs 1,25,613 crore from Rs 1,06,891 crore in the same period a year ago, LIC said in a regulatory filing.
The total income also improved to Rs 2,33,984 crore in the latest December quarter compared to Rs 2,01,994 crore in the same period a year ago.
LIC Share Price
LIC's stock ended 0.23% lower at Rs 743.20 apiece on the NSE on Tuesday. This compared to a 0.68% advance in the Nifty index. The stock has fallen 13.07% year-to-date, and 3.13% in the last 12 months.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.