LIC has set May 29 as the record date for its maiden 1:1 bonus issue, making May 27 the last day for investors to buy shares for eligibility. This corporate action will see the insurer issue one free share for every share held, capitalizing reserves. The move aims to enhance share liquidity and affordability for its over 21 lakh shareholders.

LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after the insurer announced a 1:1…

LIC shares surged 6% over two sessions after announcing a 1:1 bonus issue, with May 29 set as the record date for shareholder eligibility.

LIC has set May 29 as the record date for its maiden 1:1 bonus issue, making May 27 the last day for investors to buy shares for eligibility. This corporate action will see the…

LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with one free share for each held. This move, capitalizing reserves, aims to…

LIC's shares rise nearly 2% after announcing a first-ever 1:1 bonus issue, boosting investor sentiment and liquidity.