LIC CFO Sunil Agrawal resigns, effective July 14, 2026

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

LICI · price

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

-3.1%Reaction day

₹436.65

prior close

₹423.35

announcement price

In-mkt

timing

Nifty Midcap 150market-0.5%-2.5% vs market

Life Insurance peers, median of 5sector-1.2%-1.9% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Midcap 150 and 1.9 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

+0.0

10m

+0.1

15m

+0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.5-2.5-1.2-1.9

Next day

-1.1-0.8-0.3-1.2+0.1

-0.9-0.4-0.5-1.6+0.7

-0.4-0.2-0.2-0.7+0.3

-1.1+0.3-1.3-0.2-0.9

-1.4+0.1-1.5-2.3+0.9

-0.2+0.2-0.4-1.8+1.6

15d

-1.0+0.4-1.4+0.0-1.1

-2.7+0.3-2.9+2.4-5.1

-2.9+2.9-5.8-0.7-2.2

-6.3-1.9-4.4-6.8+0.5

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 informed the exchanges that its Chief Financial Officer and Key Managerial Personnel, Shri Sunil Agrawal, has resigned to pursue better prospects. His resignation letter was dated June 24, 2026, and he will cease to be CFO and KMP from the close of business hours on July 14, 2026. LIC has appreciated his contributions during his tenure. The company will need to appoint a new CFO going forward.

Likely market impact

Senior finance leadership exits at India's largest insurer; may create short-term uncertainty until a replacement CFO is named.