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Life Insurance Corp. of India ( (IN:LICI) ) has provided an update.
The Life Insurance Corporation of India announced the approval of new appointments for its statutory and secretarial auditors during its 4th Annual General Meeting. M/s Mukund M. Chitale & Co. has been appointed as the statutory auditor, and M/s S.N. Ananthasubramanian & Co. as the secretarial auditor, both for a term of five years. These appointments are expected to enhance the corporation’s governance and compliance framework, potentially impacting its operational efficiency and stakeholder confidence.
More about Life Insurance Corp. of India
Life Insurance Corporation of India (LIC) operates in the insurance industry, primarily offering life insurance products and services. It is a government-owned corporation and a dominant player in the Indian insurance market, focusing on providing financial security and savings solutions to its customers.
Average Trading Volume: 71,465
Technical Sentiment Signal: Buy
Current Market Cap: 5617.5B INR
For detailed information about LICI stock, go to TipRanks’ Stock Analysis page.