The Life Insurance Corporation of India (LIC), a state-run insurance giant, is anticipated to announce its first-ever bonus share issue during a board meeting on April 13, 2026. A bonus issue involves distributing free shares from company reserves, reflecting strong financial health and growth prospects. This initiative is expected to enhance liquidity and make shares more affordable for investors. Only shareholders who own shares by the record date will qualify for the bonus shares, which is yet to be determined. Currently, LIC has a market capitalization of over ₹5 lakh crore (approximately $600 billion USD), with shares having increased by 46% over three years. However, the stock has seen a decline of about 6% in 2026. In its latest financial report, LIC noted a 17% year-on-year rise in net profit for the December quarter, totaling ₹12,930 crore compared to ₹11,008 crore in the previous year.