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LIC shares rally on 1:1 bonus issue; May 29 fixed as record date

LIC shares ended nearly 2 per cent higher on Tuesday after the insurer announced its first-ever 1:1 bonus share issue, with investors betting the move will improve stock liquidity and attract greater retail participation.

By BL Bengaluru Bureau· BusinessLine· 4 months ago· 2 min read
LIC shares rally on 1:1 bonus issue; May 29 fixed as record date