LIC appoints Arindam Das Gupta as Executive Director (Investment)

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LICI · price

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

-0.7%Reaction day

₹438.50

prior close

₹437.50

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.4%-1.1% vs market

Life Insurance peers, median of 5sector+0.9%-1.6% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Midcap 150 and 1.6 pts less 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

+0.1

10m

+0.0

15m

+0.1

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.4-1.1+0.9-1.6

Next day

-2.4-1.3-1.1+0.8-3.2

-1.6-0.9-0.7+0.3-1.9

-2.1-1.9-0.2+0.8-2.9

-2.1-1.0-1.0+1.0-3.1

-1.0+0.1-1.2+2.1-3.1

-2.6-0.7-1.9+2.0-4.5

15d

-4.2-0.1-4.1+0.4-4.6

-3.5+2.0-5.5+4.0-7.5

-4.2-0.9-3.4+1.2-5.4

-5.0-3.6-1.4+1.8-6.8

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 appointed Shri Arindam Das Gupta as Executive Director (Investment - Front Office) and Senior Management Personnel, effective December 04, 2025. He joined LIC in 1990 as an Assistant Administrative Officer and holds a Civil Engineering degree. He was previously Director and CEO of LICHFL Asset Management Company and served as Chief Investment Officer of LIC Pension Fund Limited. His term runs until superannuation or further orders.

Likely market impact

Internal appointment bringing deep investment experience; supports continuity in LIC's investment function. No material impact on shareholders expected.