Announced Thu, 30 Apr · 16:38 IST

Life Insurance Corporation Of India has informed the Exchange about the officlas holding the position of Senior Management Personnel superannuating with effect from April 30, 2026

Management Changes View source PDF

LICI · price

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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹399.50
prior close
₹402.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Life Insurance Corporation of India has disclosed that two Senior Management Personnel will be superannuating (retiring upon completion of service) effective April 30, 2026 after office hours. The officials are Smt Pratibha Singh, Executive Director (Liaison) and Shri Mahtabuzzaman, Director, Zonal Training Centre, Hyderabad. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE and NSE about this development. This appears to be routine retirement at superannuation age rather than any unexpected departure.

Likely market impact

This is a routine retirement disclosure and unlikely to have any material impact on the stock price or operations. Two senior management positions will be vacated, which the company will likely fill through its normal succession planning process.