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Company News Details

Life Insurance Corporation of India
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
543526
INE0J1Y01017
138.6216928
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LICI
9.47
543633.55
EPS(TTM)
Face Value()
Div & Yield %
45.39
10
1.16
 

Life Insurance Corporation of India
LIC drops after reports of government stake dilution
May 27,2026
As on 31st March 2026, the government held 96.50% stake in the company.

According to media reports, the proposed stake sale could help the government raise up to Rs 10,000 crore (around $1 billion).

In May 2022, the government had offloaded a 3.5% stake in LIC through its IPO, garnering about Rs 21,000 crore. The shares were issued at a price of Rs 949 apiece.

Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC.

The company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25.

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