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Life Insurance Corporation of India has allotted 632,49,97,701 equity shares of face value Rs. 10/- each as fully paid-up bonus equity shares, in proportion of 1:1 to the eligible members of the Corporation whose names appeared in the Register of Members / Register of the Beneficial Owners, as on the Record Date, i.e., 29 May 2026, fixed for the purpose.Consequent to the aforesaid allotment, the paid-up equity share capital of the Corporation stands increased to Rs. 12649,99,54,020 divided into 1264,99,95,402 equity shares of face value of Rs. 10/- each.

Life Insurance Corporation of India announced that the 5th Annual General Meeting(AGM) of the company will be held on 27 July 2026.

Life Insurance Corporation of India has launched a new product `New Jeevan Sathi Single Premium / Limited Premium` (non-par, non linked, life, individual, savings plan) which will be available for sale with effect from 01 June 2026.

Net profit of Life Insurance Corporation of India rose 23.26% to Rs 23467.18 crore in the quarter ended March 2026 as against Rs 19038.67 crore during the previous quarter ended March 2025. Sales rose 11.59% to Rs 165067.19 crore in the quarter ended March 2026 as against Rs 147917.19 crore during the previous quarter ended March 2025.For the full year,net profit rose 18.90% to Rs 57453.15 crore in the year ended March 2026 as against Rs 48320.33 crore during the previous year ended March 2025. Sales rose 9.77% to Rs 537603.79 crore in the year ended March 2026 as against Rs 489775.39 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales165067.19147917.19 12 537603.79489775.39 10 OPM %6.8014.54 -8.8710.76 - PBDT14388.0222467.74 -36 53475.4856266.98 -5 PBT14388.0222467.74 -36 53475.4856266.98 -5 NP23467.1819038.67 23 57453.1548320.33 19 Powered by Capital Market - Live News

Life Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 21 May 2026.