ALPHA TRIBE

Life Insurance Corporation Of IndiaDividend/Bonus, 13-04-2026: Bonus

13-04-2026 | 08:33 pm

LIC's board has approved a 1:1 bonus share issue. Shareholders will receive one additional equity share of ₹10 face value for every share held, capitalizing ₹6,324.99 Cr from the company's reserves. This move aims to reward shareholders and enhance market liquidity, potentially boosting retail participation. Post-bonus, LIC's paid-up capital will increase from ₹6,324.99 Cr to ₹12,649.99 Cr. The record date for eligibility will be announced soon. #LIC #BonusIssue

No comments yet. Be the first to comment!

All announcements from Life Insurance Corporation Of India