Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose herewith a copy of the Press Release for Performance update for Nine Months ended on 31st December 2022 of FY 2022-23 Life Insurance Corporation of India - 543526 - Outcome Of Board Meeting Held On 09Th February 2023, Regulation 30 Of Securities And Exchange Board Of India {Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Corporation, at their meeting held on Thursday, 09th February, 2023, have approved unaudited financial results of the Corporation for the quarter and nine months ended on December 31, 2022 Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the representatives of the Corporation will host earnings call with analysts/investors to discuss Financial Results of the Corporation for the quarter ended December 31, 2022. A Group call is scheduled on Friday, February 10, 2023 at 8.30 a.m. IST wherein various Fund Houses/Institutional Investors/Analysts are likely to participate. The details of the meeting are enclosed herewith.
Regulations strictly followed while making investments: LIC tells govt
Amid concerns in certain quarters over LIC's exposure to Adani group companies, the government on Tuesday said the insurer has informed that it strictly follows the statutory framework and regulations while making investments. Last week, state-owned Life Insurance Corporation (LIC) said it has investments of Rs 35,917.31 crore in Adani group's debt and equity securities. The amount is 0.975 per cent of the insurer's total assets under management of more than Rs 41.66 lakh crore. The total purchase value of equity, purchased over the last many years, under all the Adani group companies is Rs 30,127 crore and the market value for the same as at close of market hours on January 27, 2023, was Rs 56,142 crore, as per LIC. "LIC has informed that all investments of LIC are carried out strictly as per the statutory framework of the Insurance Act, 1938 and the IRDAI Investment Regulations, 2016 and are guided by a detailed governance mechanism," Minister of State for Finance Bhagwat Karad to Life Insurance Corporation of India - 543526 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Corporation's shareholding in "UPL Ltd.' has diluted from 6,93,97,246 to 5,42,36,770 Equity Shares decreasing its shareholding from 9.245% to 7.225% of the paid-up capital of the said Company. Life Insurance Corporation of India - 543526 - Board Meeting Intimation for A Meeting Of The Board Of Directors Of The Corporation Is Scheduled On February 9, 2023, To Consider And Approve The Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Month Period Ended On December 31, 2022.
Life Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/02/2023 ,inter alia, to consider and approve Unaudited Financial Results of the Corporation (Standalone and Consolidated) for the quarter and nine month period ended on December 31, 2022 Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Cessation
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that Shri Raj Kumar has ceased to be the Managing Director of the Corporation, with effect from January 31, 2023, after close of office hours, upon expiry of his extended service and term beyond superannuation, in terms of Government of India's earlier notification Ref.F.No.A-15011/01/2022-Ins.I dated January 30, 2022. Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
A press release is being issued giving clarification on LIC's exposure to Adani Group of Companies.
LIC claims its equity exposure in Adani Group at 0.97% of total AUM
The Life Insurance Corporation (LIC) of India has claimed it has almost doubled its wealth invested in Adani group asset investments over the period Life Insurance Corporation of India - 543526 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Corporation's shareholding in "TCM Limited.' has diluted from 8,06,231 to 6,48,204 Equity Shares decreasing its shareholding from 10.782% to 8.669% of the paid-up capital of the said Company.