Life Insurance Corporation of India Share Price – NSE  / BSE

Insurance, Mid Cap

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.

Powered by Capital Market - Live News

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

Life Insurance Corporation of India has launched a new product 'New Jeevan Sathi Single Premium / Limited Premium' (non-par, non linked, life, individual, savings plan) which will be available for sale with effect from 01 June 2026.