Life Insurance Corporation of India (LIC) has successfully completed the allotment of 6,32,49,97,701 bonus equity shares. These shares, with a face value of ₹10 each, were issued in a 1:1 ratio. The allotment was made to eligible members as of the record date, May 29, 2026. This brings the corporation’s paid-up equity share capital to ₹1,26,49,99,54,020.
Bonus Share Allotment Completed
Life Insurance Corporation of India (LIC) announced today, June 01, 2026, the successful allotment of bonus equity shares. This initiative follows earlier intimations and reinforces the corporation’s commitment to its shareholders. The Stakeholders’ Relationship Committee of the Board of Directors approved the allotment during a meeting held on the same day.
Key Allotment Details
A total of 6,32,49,97,701 equity shares, each with a face value of ₹10 (Rupees Ten only), have been allotted as fully paid-up bonus equity shares. The allotment was made on a 1:1 ratio, meaning one bonus share was issued for every one existing fully paid-up equity share. This ratio applied to all eligible members of the Corporation whose names were recorded in the Register of Members or Register of Beneficial Owners as of May 29, 2026, the designated record date.
Impact on Paid-Up Capital
As a direct consequence of this bonus share allotment, LIC’s paid-up equity share capital has seen a significant increase. The total paid-up equity share capital now stands at ₹1,26,49,99,54,020. This amount is further divided into 1,26,49,99,54,020 equity shares, each with a face value of ₹10.
Meeting Concluded
The Stakeholders’ Relationship Committee meeting commenced promptly at 10:00 a.m. (IST) and concluded at 10:15 a.m. (IST) on June 01, 2026, facilitating the swift finalization of this important corporate action. Further details and the intimation are available on LIC’s official website, www.licindia.in.
Source: BSE
