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Did LIC shares really crash 50% in one day? Here's how the bonus math works

Posted on May 29, 2026
By Business News Today
0 Views
1 min read

Did LIC shares really crash 50% in one day? Here's how the bonus math works

LIC shares appeared to fall nearly 50% on Friday after adjusting for its first-ever 1:1 bonus issue, though the actual decline was only around 1.5%. The insurer issued one bonus share for every existing share held by eligible shareholders, with May 29 fixed as the record date for the corporate action.