LIC to Issue Bonus Shares in Ratio of 1:1, Capitalizing ₹ 6,324.99 Crore
The Life Insurance Corporation of India (LIC) announced that its Board of Directors approved the issuance of bonus equity shares. The decision was taken during the Board Meeting held on Monday, April 13, 2026.The Corporation approved the bonus issue at a ratio of 1:1. This means that the company will issue one fully paid up equity share of ₹ 10/- each for every one fully paid up equity share of ₹ 10/- each held by its members as on the record date.
The bonus issue will be capitalized out of the Reserves & Surplus of the Corporation available as at December 31, 2025, subject to approval from the members. The total sum available for capitalization is not to exceed ₹ 6324,99,77,010/- (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten only).
The details of the proposed bonus issue, including the resulting changes in share capital, are as follows:
| Parameter | Pre-Bonus Issue Details | Post-Bonus Issue Details |
|---|---|---|
| Paid Up Capital | ₹ 6324,99,77,010/- | ₹ 12649,99,54,020/- |
| Equity Shares | 632,49,97,701 equity shares | 1264,99,95,402 equity shares |
| Authorized Capital | ₹ 25,000,00,00,000/- | ₹ 25,000,00,00,000/- |
The total free reserve required for implementing the bonus issue is ₹ 63,24,99,77,010/-. This amount is covered by the existing Reserves & Surplus, which stood at ₹ 14,64,40,57,68,371/- as of December 31, 2025.
LIC indicated that the bonus shares are estimated to be credited or dispatched on or before June 12, 2026, which is within two months from the date of the Board of Directors' approval.
LICI Stock Price Movement
Today, Life Insurance Corporation Of India shares edged higher, closing at ₹803.65, representing a solid 1.33% gain from the previous close. The stock saw considerable activity throughout the day, with approximately 2.39 million shares traded.Source:
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