LIC to open branch office in GIFT City
This LIC decision is expected to enable the life insurance major further expand its overseas offerings26-12-2023
LIC to open branch office in GIFT City
This LIC decision is expected to enable the life insurance major further expand its overseas offeringsLife 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closed for the Designated Persons, connected persons and the employees of the Corporation who are in the possession of Unpublished Price Sensitive Information and their immediate relatives, from January 1, 2024 till 48 hours after the declaration of financial results of the Corporation for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closed for the Designated Persons, connected persons and the employees of the Corporation who are in the possession of Unpublished Price Sensitive Information and their immediate relatives, from January 1, 2024 till 48 hours after the declaration of financial results of the Corporation for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 711.65Life 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.Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Sale Of Equity Shares Of Dixon Technologies India Limited
Corporation''s shareholding in "Dixon Technologies India Limited" has decreased from 29,97,913 to 17,94,395 equity shares, decreasing its shareholding from 5.012% to 3.000% of the paid-up capital of the said company.LIC to play key role in achieving 'Insurance For All by 2047: Chairman
LIC Chairman Siddhartha Mohanty said to achieve the objective of 'Insurance For All by 2047', LIC will play a very significant role and in that direction the insurer has already started working.