Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI LODR - Corporate Representation
In continuation to our earlier filing vide Ref. no. LIC/SE/2024-25/41 dated June 18, 2024, we enclose herewith the Presentation for Investors/Analysts meet scheduled to be held on June 21, 2024. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Intimation Of Investor / Analyst Meet
This is to inform that the Life Insurance Corporation of India will be participating in the Jewels of Bharat PSU Investors Conference 2.0 organized by PhillipCapital India on June 21, 2024 at The Oberoi, Delhi, India.
LIC Denies Reports Of Mega Land Sale For $7 Billion
The insurance giant holds the third largest land parcels in the country, behind only defence and railways. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Clarification On News In Mainstream Media
This is with reference to the news item published / broadcasted in various mainstream media on June 18, 2024 regarding ''Mega LIC property sale to raise $6-7bn''. In this regard, pursuant to Regulation 30(11) of the Listing Regulations, we hereby clarify that news published in the mainstream media is incorrect. Mcap of 5 of top-10 valued firms jumps Rs 85,582 cr; LIC biggest gainer
Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer, in-line with positive trend in equities. Last week, BSE benchmark Sensex climbed 299.41 points or 0.39 per cent. The 30-share barometer hit its all-time high of 77,145.46 on June 13. While Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India and LIC were the gainers, Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever and ITC faced erosion from their market valuation. The five firms together lost Rs 84,704.81 crore from market valuation. The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25 crore, the most among the top-10 firms. The market capitalisation (mcap) of HDFC Bank rallied Rs 18,639.61 crore to Rs 12,14,965.13 crore. Reliance Industries added Rs 10,216.41 crore, taking its valuation to Rs 19,98,957.88 crore. The mcap of State Bank of India climbed
LIC refutes claims that it wants to acquire private health insurer
The development comes days after LIC Chairman Siddhartha Mohanty talked about exploring inorganic options for the company's new initiative. Life Insurance Corporation of India - 543526 - Rumour verification - Regulation 30(11)
This is with reference to the news item published/broadcasted in mainstream media on June 14, 2024 regarding ''LIC to enter health insurance market via private health insurer''. In this regard, pursuant to Regulation 30(11) of the Listing Regulations, we hereby clarify that at present, no such formal proposal has been initiated. However, the Life Insurance Corporation of India evaluates and explores various strategic opportunities in the ordinary course and also inorganic options for growth and expansion of its business, including strategic partnerships and investment opportunities. LIC rallies 6% on heavy volumes; stock inches towards record high
The stock hit an intra-day high of Rs 1,062.60 on Friday, and has bounced back 21 per cent from last week's low of Rs 880.70 touched on June 4. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Increase In Shareholding In Dr. Reddy''s Laboratories Limited
This is to inform that Life Insurance Corporation of India has increased its shareholding in Dr. Reddy''s Laboratories Limited ("company") from 82,61,579 to 83,69,879 equity shares, i.e., 4.95% to 5.01% of the paid-up capital of the said company. LIC logs 46.35% growth in premium across all categories
26 private sector life insurers collectively report 12.62 per cent growth in premium