Announced Mon, 13 Apr · 20:33 IST
LIC announces 1:1 bonus issue; share count to double
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
+4.1%1-day move
₹404.50
prior close
₹415.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4+0.0+0.5+0.4+4.1+4.2+2.2+1.9+1.4+0.4+0.1-1.2+0.4+8.8
Up moveDown movePending
AI summary
LIC's board has approved a 1:1 bonus issue — 1 free equity share for every 1 held. This will issue ~63.25 crore new shares (~₹6,325 crores) by capitalising reserves, doubling total share count from ~63.25 crore to ~126.5 crore. Funded from free reserves of ~₹1.46 lakh crore as of Dec 31, 2025. Bonus shares to be credited within 2 months (by June 12, 2026). Subject to shareholder approval. Record date to be announced.
Likely market impact
Shareholders get 1 free share per share held, doubling holdings. Share price adjusts proportionally. Signals strong reserves. Awaiting record date.