Thi is to inform about the Appointment of Ms. Shalini Pandit, Joint Secretary, Department of Financial Services, Ministry of Finance, as Government Nominee Director on the Board of Life Insurance Corporation of India w.e.f. December 03, 2025 in place of Dr. Parshant Kumar Goyal, Joint Secretary, Department of Financial Services, Ministry of Finance.
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LIC has informed the exchanges that Ms. Shalini Pandit, Joint Secretary in the Department of Financial Services under the Ministry of Finance, has been appointed as a Government Nominee Director on LIC's Board with effect from December 3, 2025. She takes over from Dr. Parshant Kumar Goyal, who was also a Joint Secretary in the same department. Since LIC is a government-owned company, the Ministry of Finance regularly nominates its representatives to the board. The change is part of a routine administrative rotation within the Ministry of Finance. No operational or strategic implications have been indicated in the filing.
This is a routine government nominee director change with no material impact on LIC's business, strategy, or shareholder value. Investors need not take any action.