Life Insurance Corporation of India Annual General Meeting
Life Insurance Corporation of India (LICI) issued a postal ballot notice seeking approval for a 1:1 bonus share issue, involving the capitalization of ₹6324.99 Crore from reserves. The ballot also covers the re-appointment of Independent Directors Shri Mahalingam G and Dr. V.S. Parthasarathy, and the appointments of Ms. Shalini Pandit and Shri Ramakrishnan Chander.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has appointed Mr. Debakanta Padhi as Additional Executive Director, effective April 17, 2026. A veteran with over three decades at LIC, Mr. Padhi previously served as General Manager at LIC Housing Finance Limited and brings extensive experience in life insurance marketing and administrative leadership.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has elevated Mr. Debakanta Padhi to Senior Management Personnel as Additional Executive Director, effective April 17, 2026. Previously General Manager at LIC Housing Finance, he brings over three decades of experience to the role. This appointment strengthens LIC's senior leadership team across business associates and re-investment verticals.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) appointed Ms. Mamta Meena as Additional Director, effective April 16, 2026. A veteran with over 34 years at the Corporation, she previously served as Regional Manager in Kanpur. This appointment strengthens LIC's senior leadership across its administrative and training portfolios.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has elevated Ms. Mamta Meena to the position of Senior Management Personnel. She will serve as Additional Director at the Zonal Training Centre in Bhopal, effective April 16, 2026. Ms. Meena brings over 34 years of experience within the Corporation to this new leadership role.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has appointed Ms. Jayasree Gopinathan as Additional Director at the Zonal Training Centre, Pune, effective April 15, 2026. A veteran with over three decades at LIC, her experience spans CRM, Legal, and Health Insurance.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has elevated Ms. Jayasree Gopinathan to the position of Senior Management Personnel. Effective April 15, 2026, she takes charge as Additional Director, Zonal Training Centre, Pune. Ms. Gopinathan has over three decades of experience at LIC, previously serving as Chief (New Business & Re-insurance/Health Insurance).
LIC's Board has approved a 1:1 bonus share issue to reward shareholders and enhance stock liquidity. The move will double the paid-up equity capital to Rs. 12,649.99 crore. This issuance is subject to shareholder approval and follows consistent dividend growth since the company's 2022 listing.
Life Insurance Corporation of India (LIC) has recommended a 1:1 bonus share issue by capitalizing ₹6324.99 Crore from free reserves. The proposal, approved during the April 13 board meeting, awaits shareholder approval at an EGM on April 17, 2026. The estimated credit date for the new bonus shares is June 12, 2026.
Life Insurance Corporation of India approved a 1:1 bonus share issue, capitalizing up to ₹6324.99 Crore from reserves. Shareholders will receive one free share for every share held as of the record date. The shares are expected to be credited by June 12, 2026, subject to member approval.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LICI) appointed Mr. Mukesh Chandra Joshi as a director, effective April 13, 2026. Mr. Joshi, who joined LIC in 1992, previously served as Chief of Bancassurance and Alternate Channels. He brings over three decades of leadership experience across administrative and marketing functions to his new role.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has elevated Mr. Mukesh Chandra Joshi to the position of Senior Management Personnel. He has been appointed as Additional Zonal Manager, North Central Zone, Kanpur, effective April 13, 2026. Mr. Joshi previously served as Chief of Bancassurance & Alternate Channels at the Mumbai Central Office.
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.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India has elevated Mr. Diwakar Mohan Mittal to Senior Management Personnel as Additional Executive Director (Customer Relationship Management/Claims/Annuities), effective April 10, 2026. Mr. Mittal joined the Corporation in 1992 and previously served as Chief in the same department at the Central Office.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has designated Mr. Pankaj Kumar Saxena as Senior Management Personnel. He takes charge as Executive Director (Alternate Channel) at the Central Office effective April 10, 2026, following his tenure as MD & CEO of LIC Pension Fund Limited.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) has appointed five senior officials effective April 8, 2026. The appointees include Ashok Kumar, Ashutosh Kumar, Ganesh Kinkar Jena, M. Ravikumar, and Narvir Singh Raghava, with terms ranging from 1.4 to 3 years. This move aims to strengthen the leadership team and ensure management continuity.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) elevated five officials to Senior Management Personnel positions effective April 08, 2026. The appointments include new leadership roles in Marketing, Zonal Training, and Executive Director positions across Gurugram, Kolkata, Mumbai, and Hyderabad to strengthen zonal operations.
Life Insurance Corporation of India Management Change
Life Insurance Corporation of India (LIC) issued a corrigendum detailing the appointments of Smt. Lata Madampath as ED (Personnel) and Mr. Gourab Chand as ED (Chief Life Insurance Advisor). Both appointments were effective April 06, 2026, following their elevations. The profiles highlight their extensive careers spanning over 30 years within the corporation.
