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Management Change

Life Insurance Corporation of India Management Change

LIC of India has appointed Diwakar Mohan Mittal as Additional Executive Director (CRM/Claims/Annuities) and Pankaj Kumar Saxena as Executive Director (Alternate Channel), effective April 10, 2026. Both executives bring over three decades of experience within the Corporation to their new leadership roles.

Source

NSE filing, NSE: LICI. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Life Insurance Corporation of India: key numbers

Share price
₹383.25
Market cap
₹4,84,811 Cr
Revenue (annual)
₹9,77,772 Cr
Net profit (annual)
₹57,453 Cr
P/E (TTM)
8.1×Sector 19.8×
Promoter holding
90.00%-6.50% QoQ
FII holding
1.55%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Product Launch

Life Insurance Corporation of India Product Launch

Life Insurance Corporation of India is launching three new insurance products—LIC's New Jeevan Dhara-II, Health Shield, and New Cancer Cover—effective October 19, 2026.

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