Life Insurance Corporation of India

Life Insurance Corporation of India (LIC) has subscribed to 500,000 Non-Convertible Debentures (NCDs) of Bajaj Finance Limited, each with a face value of ₹100,000. The total investment amounts to ₹5000 crores. The funds raised by Bajaj Finance Limited will be utilized for general business purposes, including augmenting long-term resources, financing activities, repaying existing loans, capital expenditure, and working capital requirements. The acquisition is not a related party transaction and is conducted at arm's length. The NCDs mature on August 27, 2026.

Life Insurance Corporation of India (LIC) has filed its post Offer for Sale (OFS) shareholding pattern. The filing details the shareholding structure after the OFS, indicating that the promoter and promoter group holds 90.00% of the total shares, amounting to 11,384,912,004 shares. The public holds the remaining 10.00%, which is 1,265,083,398 shares. The company has declared that it has not issued any partly paid-up shares, convertible securities, warrants, or depository receipts, and no shares are locked-in or pledged by promoters. This disclosure is made as per SEBI regulations.

Life Insurance Corporation of India (LIC) has announced the re-designation of Shri Madhu V. S. from General Manager, Nairobi to Additional Director, Management Development Centre, Mumbai. This change is effective from August 17, 2026. Shri Madhu V. S. has been with LIC since 1992 and has held various positions across administrative and marketing wings. This re-designation classifies him as Senior Management Personnel (SMP) of the Corporation. The company has provided detailed disclosures as per SEBI Listing Regulations.

Life Insurance Corporation of India (LIC) has released the transcript of its Q1 FY27 earnings conference call held on August 06, 2026. The call, attended by senior management including CEO & MD Mr. R. Doraiswamy, covered key business, operational, and financial highlights for the quarter ended June 30, 2026. Key figures presented include a total premium income of ₹127,250 crore, a 6.75% year-on-year growth. Individual new business premium income grew by 14.48% to ₹14,351 crore, while renewal premium income saw a 3.61% increase to ₹61,065 crore. The transcript is available on LIC's website.

The President of India, acting as the promoter of Life Insurance Corporation of India (LIC), has disclosed the sale of 82,23,33,559 equity shares, representing 6.50% of the total paid-up equity share capital. This sale occurred through an Offer for Sale (OFS) mechanism on August 4-5, 2026. The initial offer size was 2.50%, with an oversubscription option of an additional 4.00%, and a separate employee offer. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The President of India, acting through the Ministry of Finance, has completed the sale of 82,23,33,559 equity shares, representing 6.50% of the total paid-up equity share capital of Life Insurance Corporation of India (LIC). This divestment was conducted through an Offer for Sale (OFS) mechanism on August 4-5, 2026. The sale included a base offer size of 2.50% and an oversubscription option of 4.00%, along with an employee offer. Following this transaction, the promoter's holding in LIC has been reduced.

Life Insurance Corporation of India (LIC) has filed a disclosure under SEBI's Insider Trading Regulations. The President of India, acting through the Ministry of Finance and being the promoter of LIC, has sold 1,22,07,245 equity shares. This sale is part of a larger offer for sale (OFS) initiated by the promoter, which included an initial base offer size and an oversubscription option, as well as an employee offer. The disclosure is made in Form C as per Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Life Insurance Corporation of India (LIC) has announced the launch of a new product, LIC's New Bima Jyoti. This is a Non-Par, Non-Linked, Life, Individual, Savings Plan. The product will be available for sale in the domestic market starting August 10, 2026. Further details about the product's features and benefits are expected to be available on the company's website.

The President of India, acting as the promoter of Life Insurance Corporation of India, has exercised the oversubscription option to sell an additional 4.00% (50,59,99,816 shares) of the Corporation's equity. This is in addition to the initial 2.50% (31,62,49,885 shares) announced earlier, bringing the total stake sale to 6.50% of LIC's paid-up equity share capital. The offer includes a retail category, which will receive 10% of the total offer (8,22,24,971 shares), and up to 50,00,000 shares for eligible employees. Retail investors and employees will benefit from a discount of ₹210 per share, allowing them to bid at ₹373.10 per share. The cut-off price for non-retail investors remains ₹383.10 per share. The sale is being conducted through the stock exchange mechanism on August 4, 2026 (T day for non-retail) and August 5, 2026 (T+1 day for retail, employees, and carry-forward non-retail bids).

The President of India, acting through the Department of Financial Services, Ministry of Finance, has exercised the Oversubscription Option to sell an additional 50,59,99,816 Equity Shares (4.00%) of Life Insurance Corporation of India (LIC). This is in addition to the initially proposed 31,62,49,885 Equity Shares (2.50%), bringing the total offer size to 6.50%. Retail investors and employees will bid at a discount of ₹210 per share, with retail investors bidding at ₹373.10 and non-retail investors at ₹383.10. Up to 50,00,000 shares are also offered to eligible employees.