Clarification5 Nov 2026, 07:33 pm
LIC Corrigendum: AUM Figure Corrected to ₹59,60,941 Crore
AI Summary
Life Insurance Corporation of India (LIC) has issued a corrigendum to its press release dated November 5, 2026. The correction pertains to the Assets Under Management (AUM) figure for the quarter and half-year ended September 30, 2026. The original press release incorrectly stated the AUM as 'Rs. 59,60,941 lakh crore'. The corrected figure is 'Rs. 59,60,941 crore', indicating an increase of 4.16%. This clarification ensures accuracy in reporting the company's financial performance.
Key Highlights
- Correction issued for AUM figure in financial results press release.
- AUM increased by 4.16% to Rs. 59,60,941 crore.
- Original press release contained a unit error in the AUM statement.
- Ensures accurate reporting of financial performance metrics.
Price Impact
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