LIC announces historic 1:1 bonus issue. India's largest insurer will issue one free share for every share held, capitalizing Rs 6,325 crore from reserves. This marks the company's first bonus since its May 2022 listing, signaling strong financial health and shareholder confidence. Bonus shares will be credited by June 12, 2025. The move comes as LIC reported robust Q3 results with consolidated net profit rising 17 percent year-on-year to Rs 12,930 crore and net premium income climbing 17 percent to Rs 1.26 lakh crore. While the bonus increases outstanding shares, it maintains market capitalization but improves liquidity and affordability for retail investors. LIC stock has gained nearly 47 percent over three years despite recent volatility.
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