This is to inform that some officials holding the position of Senior Management Personnel will be superannuating w.e.f. December 31, 2025, after the close of office hours.
LICI · price
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LIC has informed stock exchanges that four of its Senior Management Personnel will retire (superannuate) with effect from December 31, 2025, after office hours. The retiring officials are Rajesh Ailawadi (Executive Director - Legal), Bichitra Mahapatra (Executive Director - Right to Information), Rajesh Kumar (Director, Zonal Training Centre, Gurugram), and Jaideep Chaudhuri (Principal, Zonal Training Centre, Jamshedpur). The disclosure is being made under Regulation 30 of SEBI's Listing Regulations.
This is a routine retirement announcement of mid-to-senior level executives and is unlikely to have a material impact on LIC's operations or stock price. Shareholders should note normal succession planning in such large public sector insurers.