LIC prone to announce its first-ever bonus subject tomorrow: Examine key issues to know
The state-run firm had introduced earlier final week that its board of administrators will maintain a gathering to think about and advocate its first-ever bonus subject of shares.
Bonus subject consists of free shares distributed by an organization from its reserves and is commonly seen as an indication of sturdy monetary well being and development prospects. Whereas the difficulty of bonus shares will increase the whole variety of excellent shares, it doesn’t change the corporate’s market capitalisation. Nevertheless, it may well enhance liquidity and affordability, permitting extra buyers so as to add shares of the corporate to their portfolio.
Solely these shareholders who personal the shares of the corporate as on the report date shall be eligible to obtain the bonus shares. The report date for LIC’s potential bonus subject is but to be decided.
If declared, it will mark the primary bonus subject introduced by the PSU firm. LIC has thus far introduced 5 interim dividends since its debut on the inventory markets in Might 2022.
LIC share worth
LIC presently has a market capitalisation of greater than Rs 5 lakh crore. The shares of the corporate have jumped 46% in three years, though they’re down round 6% in 2026 thus far. The shares of the insurance coverage behemoth closed at Rs 798 apiece on Friday. Notably, the federal government holds 96.5% stake within the firm, whereas solely 3.5% is held by the general public.
LIC in February reported a 17% YoY rise in its December quarter consolidated web revenue at Rs 12,930 crore in comparison with Rs 11,008 crore reported within the year-ago interval. The corporate’s web premium revenue stood at Rs 1.26 lakh crore in Q3FY26, up 17% over Rs 1.07 lakh crore posted within the corresponding interval of the final monetary yr. The PSU is but to announce when it can launch its outcomes for the January-March quarter of FY26.
(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t characterize the views of The Financial Occasions)
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