LIC Announces 1:1 Bonus Share Issue, Stock Surges
LIC jumps as board OKs 1:1 bonus issue plan
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Life Insurance Corporation of India (LIC) shares rose by 3.36% to ₹831.25 following the board's approval of a 1:1 bonus share issuance for existing shareholders. This move aims to reward investors and increase the paid-up equity share capital to ₹12,649.99 crore.
- 01LIC's board approved a 1:1 bonus share issuance to existing shareholders.
- 02The stock price increased by 3.36% to ₹831.25 after the announcement.
- 03Post-issuance, the paid-up equity share capital will rise to ₹12,649.99 crore.
- 04LIC's net profit for Q3 FY26 increased by 17.46% year-on-year.
- 05The company has consistently paid dividends since its listing in May 2022.
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Life Insurance Corporation of India (LIC) announced a 1:1 bonus share issuance, leading to a 3.36% rise in its stock price to ₹831.25. Each existing shareholder will receive one fully paid-up equity share for every share they hold as of the record date. This initiative will increase LIC's paid-up equity share capital from ₹6,324.99 crore to ₹12,649.99 crore. As of December 31, 2025, LIC reported a profit after tax of ₹33,998 crore for the nine-month period, with a net profit of ₹12,930.44 crore in Q3 FY26, marking a 17.46% year-on-year increase. R Doraiswamy, CEO & MD of LIC, emphasized the company's commitment to rewarding shareholders through consistent dividends and strategic initiatives since its listing in May 2022.
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The bonus share issuance is likely to boost investor confidence and enhance shareholder value, potentially attracting more investors to LIC.
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