Announced Thu, 21 May · 19:18 IST

The Board has decided the date of 5th Annual General Meeting which is scheduled to be held on July 27, 2026.

Board & Shareholder Meetings View source PDF

LICI · price

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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹402.00
prior close
₹417.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.9-1.9-2.0+4.1+6.4+3.3+2.4+0.6+0.6+1.0+9.8+5.4
Up moveDown movePending
AI summary

LIC's Board approved the 5th AGM scheduled for July 27, 2026. The company reported standalone net profit of Rs 23,420.43 crore for FY 2025-26, up 19.2% from Rs 19,012.79 crore in the prior year, with EPS at Rs 90.78 per share. Gross premium income grew to Rs 5.37 lakh crore. The Board recommended a final dividend of Rs 10 per share (Rs 20 per share pre-bonus) and announced a 1:1 bonus issue with record date May 29, 2026 and deemed allotment date June 1, 2026. A separate record date of June 25, 2026 is fixed for dividend eligibility. An accounting policy amendment for investment income amortization was also approved effective FY 2025-26. Solvency ratio improved to 2.35 from 2.11, and gross NPAs improved to 1.21% from 1.46%.

Likely market impact

Strong financial results with 19% profit growth and the bonus issue signal management confidence in LIC's prospects. The 1:1 bonus will double the share count, and the dividend provides immediate shareholder reward, though investors should note the AGM date for participation.