LIC announces 1:1 bonus issue, first since listing. Check details
- Posted on April 13, 2026
- By Business News Today
- 10 Views
LIC announces 1:1 bonus issue, first since listing. Check details
State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.
