Life Insurance Corporation of India has informed the Exchange regarding a press release dated April 13, 2026, titled "Issuance of Bonus Equity Shares by LIC".
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LIC's Board has approved a 1:1 bonus share issuance, meaning shareholders will receive 1 bonus share for every 1 share held. The paid-up capital will double from Rs. 6,324.99 crores to Rs. 12,649.99 crores. This is funded by accumulated Reserves & Surplus of Rs. 1,46,440.58 crores. The company reported PAT of Rs. 33,998 crores for the nine months ended December 2025. The record date for determining eligible shareholders will be announced later. The proposal is subject to shareholder approval and will not impact LIC's solvency margin.
Positive for shareholders as they receive additional shares without investment, improving affordability and liquidity. The stock may see price adjustment post-bonus, but total value remains similar until market reacts to the positive signal.