Announced Thu, 28 Aug · 20:45 IST

'In continuation to our earlier filing Ref. no. LIC/SE/2025-26/45 dated July 11, 2025, we hereby inform that the members of the Life Insurance Corporation of India in its 4th Annual General Meeting held on August 26, 2025 has, inter-alia, approved the Appointment of Statutory Auditor and Secretarial Auditor'.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LIC shareholders, at the 4th Annual General Meeting held on August 26, 2025, approved the appointment of two auditors for a five-year term. M/s Mukund M. Chitale & Co. (FRN: 106655W) was appointed as Statutory Auditor, and M/s S.N. Ananthasubramanian & Co. (FRN: P1991MH040400) was appointed as Secretarial Auditor. Both appointments run from the conclusion of the 4th AGM until the conclusion of the 9th AGM, expected to be held in calendar year 2030.

Likely market impact

This is a routine governance approval with no material impact on shareholders or the stock price. It ensures continuity in audit oversight for LIC over the next five years.