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LIC 1:1 bonus share explained: What 21 lakh shareholders need to know before buying on record date

Posted on May 26, 2026
By Business News Today
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1 min read

LIC 1:1 bonus share explained: What 21 lakh shareholders need to know before buying on record date

LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with one free share for each held. This move, capitalizing reserves, aims to boost liquidity. Investors must purchase shares by May 27 to be eligible for this significant corporate action.