Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of LODR - Appointment Of Chief Risk Officer (KMP)
This is to inform you that Shri S Sunder Krishnan is appointed as Chief Risk Officer (Key Managerial Personnel) of the Corporation with effect from December 27, 2023 consequent upon cessation of Shri Pratap Chandra Paikray who has ceased as Chief Risk Officer on December 27, 2023. Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Cessation
This is to inform you that Shri Pratap Chandra Paikray, Chief Risk Officer (Key Managerial Personnel) of the Corporation with effect from December 27, 2023 consequent upon appointment of Shri S Sunder Krishnan as Chief Risk Officer with effect from December 27, 2023. LIC to open branch office in GIFT City
This LIC decision is expected to enable the life insurance major further expand its overseas offerings Life Insurance Corporation of India - 543526 - Board Meeting Outcome for Opening Of New Place Of Business
This is to inform you that the Board of Directors of the Corporation, vide Resolution by Circulation, on Tuesday, 26th December, 2023 approved the proposal to setup a Branch Office of the Corporation at International Financial Services Centre, GIFT City, Gandhinagar, Gujarat. Life Insurance Corporation of India - 543526 - Closure of Trading Window
This is to inform that the Trading window for dealing in securities of the Corporation shall remain closed for the Designated Persons, connected persons and the employees of the Corporation who are in the possession of Unpublished Price Sensitive Information and their immediate relatives, from January 1, 2024 till 48 hours after the declaration of financial results of the Corporation for the quarter ending on December 31, 2023. Life Insurance Corporation of India - 543526 - Closure of Trading Window
This is to inform that the Trading window for dealing in securities of the Corporation shall remain closed for the Designated Persons, connected persons and the employees of the Corporation who are in the possession of Unpublished Price Sensitive Information and their immediate relatives, from January 1, 2024 till 48 hours after the declaration of financial results of the Corporation for the quarter ending on December 31, 2023.
LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemption
LIC IPO investors are still sitting at a loss as the stock is trading 13.6% below its issue price of Rs 949. However, in the last few weeks, the stock has seen fresh buying interest. In the last month alone, LIC is up 25%. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Exemption From Minimum Public Shareholding Of 25%
This is to inform you that the Department of Economic Affairs, Ministry of Finance vide Office Memorandum dated December 20, 2023 has decided in the public interest, to grant one-time exemption to Life Insurance Corporation of India to achieve 25% Minimum Public Shareholding (MPS) within 10 years from the date of listing i.e., till May 2023 under Rule 19A (6) of the Securities Contract (Regulations) Rules (SCRR) 1957.
LIC reduces its shareholding in Tata Motors from 5.11% to 3.09%
The holding decreased from 5.110 per cent to 3.092 per cent, a decrease of 2.018 per cent during the period from August 28, 2015 to December 18, 2023 at an average cost of Rs 711.65 Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Sale Of Equity Shares In Tata Motors Limited
Corporation''s shareholding in "Tata Motors Limited" has decreased from 169,802847 to 102,752,081 Equity shares, decreasing its shareholding from 5.110% to 3.092% of the paid-up capital of the said company.