Announced Tue, 28 Apr · 21:13 IST
Two Independent Directors cease upon term completion
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹408.65
prior close
₹413.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.1-1.1-0.9-2.2-1.7-2.0-1.3-0.9-2.3-1.6+0.7+5.6—
Up moveDown movePending
AI summary
Two Independent Directors of LIC — Shri Vinod Kumar Verma and Dr. Ranjan Sharma — ceased to hold their board positions on April 28, 2026 upon completion of their terms. They also stepped down as chairperson/member of several committees including Audit, Risk Management, Investment, Nomination & Remuneration, and Stakeholders Relationship. No governance concerns were flagged; exits are routine term-end departures.
Likely market impact
Two independent director seats vacant; routine term-end exits with no governance red flags, but succession remains to be seen.