LIC re-designates Sonija M.S. as Chief (I/C) Finance and Accounts

Management Changes View source PDF Explain this filing

LICI · price

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

+4.0%Reaction day

₹379.25

prior close

₹380.00

announcement price

After-mkt

timing

Nifty Midcap 150market+1.4%+2.6% vs market

Life Insurance peers, median of 5sector+0.1%+3.8% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Midcap 150 and 3.8 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

+0.6

10m

+0.8

15m

+2.0

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+1.4+2.6+0.1+3.8

Next day

+3.2+1.4+1.8-0.1+3.3

+4.2+2.4+1.7+0.1+4.1

+3.9+2.4+1.5-2.8+6.7

+3.9+2.1+1.8-1.8+5.6

+4.9+2.0+2.9-2.1+7.0

+3.4-0.5+3.9-5.1+8.5

15d

—————

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

Smt Sonija M.S., earlier Chief of the Taxation Cell at LIC Central Office, has been re-designated as Chief (In-Charge) of Finance and Accounts. She is a Chartered Accountant who joined LIC in 1993 and has held various roles across finance, investments, claims and taxation. With this re-designation, she now qualifies as Senior Management Personnel under SEBI Listing Regulations.

Likely market impact

Internal re-designation of an existing employee. No change at the top management level; no material impact on shareholders expected.