Life Insurance Corporation of India has submitted the Voting Result and a copy Scrutinizers report of 4th Annual General Meeting held on August 26, 2025.
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LIC has submitted the voting results and scrutinizer's report for its 4th AGM held on August 26, 2025, via video conferencing. All 13 resolutions were passed with overwhelming majority (typically over 99.99% in favor). Key items approved include adoption of audited standalone and consolidated financial statements for FY25, adoption of the Annual Report, and declaration of a final dividend of Rs. 12 per equity share for FY25. Shareholders also approved appointments of Dr. Parshant Kumar Goyal as Government Nominee Director, Shri Dinesh Pant and Shri Ratnakar Patnaik as Managing Directors, and Shri R Doraiswamy as CEO & Managing Director. Material related party transactions with IDBI Bank, LIC Housing Finance, and LIC Mutual Fund were also cleared. The promoter (Government of India) holds about 96.5% of shares (6,103,622,781 out of 6,324,997,701 total), so the government's votes determined outcomes. The auditor appointment resolution saw the most dissent from public institutions (about 6% against).
Routine procedural filing confirming shareholder approval of routine AGM items including the Rs. 12 dividend and key board appointments. No material surprise or governance concern — all resolutions passed comfortably with near-unanimous support.