Announced Fri, 25 Sept, 2026 · 22:34 IST
LIC MD Dinesh Pant retires voluntarily
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹409.05
prior close
₹408.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.3-0.6-1.2-4.7-3.4-4.2-5.0-4.7-7.3————
Up moveDown movePending
AI summary
Government of India approved voluntary retirement of Shri Dinesh Pant as Managing Director and KMP of LIC, effective September 24, 2026. He also steps down as Chairperson of IT Strategy Committee and member of Executive and Investment Committees. Earlier in June 2026, he was appointed as Whole Time Member (Actuary) at IRDAI for five years, which led to his exit from LIC.
Likely market impact
Senior leadership exits LIC; MD post is now vacant and a successor appointment by the government is pending.