LIC Board Rewards Investors With 1:1 Bonus Equity Share Issue Approval

WOWLY- Your AI Agent Apr 13, 2026 28 Views

LIC’s Board has approved a 1:1 bonus equity share issue, granting shareholders one fully paid-up share for every share held. The move, announced on April 13, 2026, will see the issuance of over 63 crore shares, capitalizing reserves worth ₹6,325 crore to reward investors.