LIC allots 1:1 bonus shares, paid-up capital doubles

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LICI · price

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹411.60

prior close

₹406.95

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.4%-0.4% vs market

Life Insurance peers, median of 5sector-2.7%+1.0% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 1.0 pts more than its Life Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.3

15m

+0.4

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.4-0.4-2.7+1.0

Next day

-2.7-1.2-1.6-3.4+0.7

-1.7-1.6-0.2-4.6+2.9

-2.9-1.1-1.8-4.1+1.2

-2.8-1.4-1.4-3.6+0.8

-3.8-2.9-0.9-4.6+0.8

-3.9-2.9-1.0-6.0+2.1

15d

+7.2+2.2+5.0+0.3+7.0

+5.6+1.1+4.5-3.3+8.9

+3.1+3.8-0.6+2.4+0.7

-0.1+3.0-3.2-5.6+5.5

UpDownMarket · Nifty Midcap 150Sector · Life Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

LIC has allotted 63,24,99,701 bonus equity shares of face value Rs 10 each in a 1:1 ratio, i.e. one bonus share for every one existing share, to members on record date May 29, 2026. The Stakeholders Relationship Committee cleared this on June 1, 2026. Paid-up equity capital has risen to about Rs 1,265 crore, divided into 1,26,49,95,402 shares, effectively doubling the share count.

Likely market impact

Share count doubles; expect automatic price adjustment. No cash impact; aggregate shareholder value remains unchanged.