Life Insurance Corporation of India (LIC) has announced the commencement of operations for its new branch located at the IFSC Branch, GIFT City, Gandhinagar, Gujarat. This expansion marks a strategic step by the corporation into a significant financial hub. The opening became effective starting February 27, 2026. The communication confirms this operational update to the stock exchanges for public record and dissemination.
New Operational Center Launched in Gujarat
The Life Insurance Corporation of India (the Corporation) has officially informed the stock exchanges regarding the activation of a new place of business. This new center is the IFSC Branch, situated in GIFT City, Gandhinagar, Gujarat.
The commencement of operations at this new location took effect on February 27, 2026. This move follows a prior communication made on December 26, 2023, referencing initial steps regarding this expansion.
Corporate Confirmation
The announcement was formally executed under the signature of Anshul Kumar Singh, Company Secretary & Compliance Officer. The Corporation has ensured that this update is made available on its official website, www.licindia.in, for general record.
Source: BSE
