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LIC's board approved a 1:1 bonus issue, sending shares up 5% to ₹841.30 and extending April gains to over 15%. The insurer will issue 632.49 crore new equity shares, doubling share count and raising paid-up capital to ₹12,649.99 crore. A record date for eligibility has yet to be announced.
LIC announced its first-ever 1:1 bonus issue, sending shares up over 5% on Wednesday. The capitalisation-of-reserves structure doubles shareholder share counts without a cash outflow, improving stock liquidity. Bonus shares are to be credited within two months of board approval, no later than June 12, 2026.
LIC's board has approved a 1-for-1 bonus share issue, creating over 632 crore new shares worth approximately ₹6,325 crore via capitalisation of reserves as of December 31, 2025. The move doubles the share count without cash outflow, improving secondary market liquidity while compressing per-share earnings metrics. A re
LIC's board approved a 1:1 bonus share issue, its first since the 2022 IPO, to be funded by capitalizing Rs 6,325 crore from reserves. The issue doubles outstanding shares, compressing per-share price and improving retail liquidity. Completion is expected within two months of board approval, by December 2025.
Tag
LIC's board approved a 1:1 bonus issue, sending shares up 5% to ₹841.30 and extending April gains to over 15%. The insurer will issue 632.49 crore new equity shares, doubling share count and raising paid-up capital to ₹12,649.99 crore. A record date for eligibility has yet to be announced.
2mo ago · 1 min · Markets
LIC announced its first-ever 1:1 bonus issue, sending shares up over 5% on Wednesday. The capitalisation-of-reserves structure doubles shareholder share counts without a cash outflow, improving stock liquidity. Bonus shares are to be credited within two months of board approval, no later than June 12, 2026.
2mo ago · 1 min · Markets
LIC's board has approved a 1-for-1 bonus share issue, creating over 632 crore new shares worth approximately ₹6,325 crore via capitalisation of reserves as of December 31, 2025. The move doubles the share count without cash outflow, improving secondary market liquidity while compressing per-share earnings metrics. A re
2mo ago · 1 min · Business
LIC's board approved a 1:1 bonus share issue, its first since the 2022 IPO, to be funded by capitalizing Rs 6,325 crore from reserves. The issue doubles outstanding shares, compressing per-share price and improving retail liquidity. Completion is expected within two months of board approval, by December 2025.
2mo ago · 1 min · Markets
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