LIC Approves 1:1 Bonus Shares: Check Issue Size, Timeline And Other Details

Life Insurance Corporation of India said on Monday that the Board of Directors authorised the allotment of fully paid-up bonus equity shares worth Rs 6,352 crore.

The shares, which carry a face value of Rs 10, are being issued in a 1:1 ratio, effectively doubling its paid-up share capital. Under this structure, shareholders receive one new bonus equity share for every one existing share held. This is the first ever bonus issue announced by LIC.

The company will completed the issue of bonus shares within two months from the date of approval, which is on or before June 12.

However, the proposal is subject to approval from the shareholders of the Corporation and will be done in accordance with the applicable provisions.

Following the move, LIC's paid-up share capital will increase from 632 crore shares to 1,264 crore shares. The monetary value of the post-issue capital will stand at approximately Rs. 12,649 crore.

LIC Q3FY26

State-owned life insurer LIC reported a 17% jump in net profit at Rs 12,958 crore in the third quarter ended December 2025.

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The country's biggest insurer, Life Insurance Corporation of India (LIC), earned a net profit of Rs 11,056 crore in the year-ago period.

During the quarter, the net premium income of the insurer rose to Rs 1,25,613 crore from Rs 1,06,891 crore in the same period a year ago, LIC said in a regulatory filing.

The total income also improved to Rs 2,33,984 crore in the latest December quarter compared to Rs 2,01,994 crore in the same period a year ago.

LIC Share Price

LIC's stock ended 0.66% higher at Rs 798.35 apiece on the NSE on Monday. This compared to a 0.86% decline in the Nifty index. The stock has fallen 5.09% year-to-date, and 4.23% in the last 12 months.