Life Insurance Corporation of India announced that Securities and Exchange Board of India (SEBI) vide its letter dated 14 May 2024 has conveyed its decision, to grant additional time of 3 years to Life Insurance Corporation of India to achieve 10% public shareholding under Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, i.e., within a period of 5 years from the date of listing. Accordingly, the revised timeline for the Corporation to achieve 10% public shareholding is on or before 16 May 2027.Powered by Capital Market - Live News

Life Insurance Corporation of India announced that R Chander has been elevated to senior management position as Executive Director (StrategicBusiness Unit - International Operations) with effect from 18 April 2024. Powered by Capital Market - Live News

Life Insurance Corporation of India has increased its shareholding in Hindustan Unilever� from 11,74,63,555 to 11,77,18,555 equity share, i.e., 4.99% to 5.01% of the paidup capital of the said Company. Powered by Capital Market - Live News

Life Insurance Corporation of India has increased its shareholding through private placement basis in LIC Mutual Fund Asset Management (LIC MF). After the said private placement, shareholding of the Corporation in LIC MF has increased from 5906 to 6865 equity shares, i.e., from 40.93% to 44.61% of the paid-up capital of the said Company.Powered by Capital Market - Live News

Life Insurance Corporation of India announced the cessation of Rajesh Kumar Dubey, Executive Director (Personnel), Senior Management Personnel of the company with effect from 29 February 2024. Powered by Capital Market - Live News