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The latest update is out from Life Insurance Corp. of India ( (IN:LICI) ).
Life Insurance Corporation of India’s board has approved a 1:1 bonus equity share issue for existing shareholders, with the record date to be announced later and subject to shareholder approval. The move will double the company’s paid-up equity share capital from Rs. 6,324.99 crore to Rs. 12,649.99 crore, drawing on strong reserves of Rs. 1,46,440.58 crore and profit after tax of Rs. 33,998 crore for the nine months ended 31 December 2025.
LIC’s board described the bonus issue as a way to reward shareholders, better balance paid-up capital with accumulated reserves and enhance the liquidity and marketability of its stock by making it more affordable to a wider investor base. The insurer emphasized that the bonus share proposal will not affect its solvency margin or other key financial metrics, framing the move as part of a broader strategy of consistent capital returns and ongoing transformation aimed at delivering improved outcomes for stakeholders.
More about Life Insurance Corp. of India
Life Insurance Corporation of India (LIC) is a leading Indian life insurer offering a broad portfolio of life insurance and related financial products to retail and institutional customers. Listed on Indian stock exchanges since May 2022, LIC focuses on long-term protection, savings and investment-linked policies, and has built a substantial capital base and reserves to support its growth and shareholder returns.
Average Trading Volume: 115,776
Technical Sentiment Signal: Sell
Current Market Cap: 5050.8B INR
For detailed information about LICI stock, go to TipRanks’ Stock Analysis page.