Life Insurance Corporation of India Share Price – NSE  / BSE

Insurance, Mid Cap

In a regulatory filing, LIC said that Agrawal tendered his resignation through a letter dated June 24, 2026. His resignation will take effect from the close of business hours on July 14, 2026, following which he will cease to hold the positions of CFO and KMP of the corporation.

?Shri Sunil Agrawal has resigned from the position of chief financial officer and key managerial prsonnel of the Corporation to pursue better prospects,? LIC said in the filing.

The insurer also placed on record its appreciation for Agrawal?s contributions during his tenure and wished him success in his future endeavours.

Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC.

The company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25.

Shares of Life Insurance Corporation of India shed 0.29% to Rs 425.35 on the BSE.

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Life Insurance Corporation of India has allotted 632,49,97,701 equity shares of face value Rs. 10/- each as fully paid-up bonus equity shares, in proportion of 1:1 to the eligible members of the Corporation whose names appeared in the Register of Members / Register of the Beneficial Owners, as on the Record Date, i.e., 29 May 2026, fixed for the purpose.

Consequent to the aforesaid allotment, the paid-up equity share capital of the Corporation stands increased to Rs. 12649,99,54,020 divided into 1264,99,95,402 equity shares of face value of Rs. 10/- each.

As on 31st March 2026, the government held 96.50% stake in the company.

According to media reports, the proposed stake sale could help the government raise up to Rs 10,000 crore (around $1 billion).

In May 2022, the government had offloaded a 3.5% stake in LIC through its IPO, garnering about Rs 21,000 crore. The shares were issued at a price of Rs 949 apiece.

Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC.

The company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25.

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Life Insurance Corporation of India announced that the 5th Annual General Meeting(AGM) of the company will be held on 27 July 2026.