This is to inform that in terms of the Government of India notification dated April 17, 2025, Dr. Maruthi Prasad Tangirala has ceased to be the Government Nominee Director on the Board of Life Insurance Corporation of India.
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dr. Maruthi Prasad Tangirala has ceased to be the Government Nominee Director on the board of Life Insurance Corporation of India, effective April 17, 2025. The change has been made as per a Government of India notification issued on the same date. The disclosure has been filed under SEBI Listing Regulations, and the reason for change is purely a government-directed board change. No brief profile or relationship disclosures are applicable since this is a cessation, not a new appointment.
This is a routine government-nominated director change with no direct impact on the company's operations or financials. Shareholders should await communication on the appointment of a new Government Nominee Director.