Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - GST Litigation
This is to inform that the Life Insurance Corporation of India has received communication/demand order for Goods & Service Tax, Interest and penalty for Telangana state. The order is appealable before the Appellate Joint Commissioner (ST), Hyderabad Rural Division. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Expenses Of Management For The FY 2022-23
This is to inform that: i) Life Insurance Corporation of India had sought for forbearance in respect of Expenses of Management for the FY 2022-23 from Insurance Regulatory and Development Authority of India (IRDAI). ii) IRDAI has allowed the Corporation to replenish the excess Expenses under respective segments from the Shareholders'' account in equal annual instalments not exceeding three, starting from Q1 of Financial Year 2024-25. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR) - GST Penalty
this is to inform that the Corporation has received orders from GST authorities for collection of GST, Interest and Penalty for Delhi and Maharashtra states. Corporation shall file appeals against the said orders within the prescribed timelines. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- Change In Senior Management Personnel
This is to inform that Mr. Ashwani Ghai, Director (MDC), Senior Management Personnel of the Life Insurance Corporation of India, will be superannuating on April 30, 2024, at close of office hours. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- Update On GST Matter
In continuation of our earlier filing vide ref no. LIC/SE/2023-24/174 dated January 30, 2024, this is to inform that Life Insurance Corporation of India has filed an appeal before Appellate Joint Commissioner (ST), Hyderabad Rural Division on April 25, 2024 against the order issued by Deputy Commissioner, Warangal, STU2: Warangal: Telangana, Vide ref. no. ZD360124032739D which was issued on January 27, 2024. Life Insurance Corporation of India - 543526 - Board Meeting Outcome for Outcome Of Board Meeting
Board of Directors of the Corporation in its meeting held on 25th April 2024, has inter alia, considered and approved Infusion of equity capital of LKR 500 Million (approximately INR 14 crores, based on exchange rates prevailing currently) in the form of equity capital at nominal value of LKR 10/- per share in Life Insurance Corporation (Lanka) Ltd. subject to approval from IRDAI and Central Bank of Sri Lanka.
LIC Warns Public Against Misleading Social Media Ads Misusing Its Brand
LIC asked its policyholders and the public to exercise caution and verify the authenticity of any such advertisements. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- Change In Senior Management Personnel
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform about the change in Senior Management Personnel consequent upon his/her elevation in higher cadre. Life Insurance Corporation of India - 543526 - Annual Certificate Under Regulation 40 (9) Of SEBI (LODR) Regulations, 2015
Pursuant to Regulation 40(9) of SEBI (LODR) Regulations, 2015, we are enclosing herewith, Annual Certificate issued by M/s S. N. Ananthasubramanian & Co., Practicing Company Secretaries, for the financial year ended March 31, 2024. Life Insurance Corporation of India - 543526 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyLife Insurance Corporation of India 2CIN NO. 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY 0 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Anshul Kumar Singh Designation: Company Secretary and Compliance Officer EmailId: investors@licindia.com Name of the Chief Financial Officer: Sunil Agrawal Designation: Chief Financial Officer EmailId: cfo@licindia.com Date: 19/04/2024 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.