#bonus-issue
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.
LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
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 bonus issue alongside its Q4 results last week. LIC has fixed May 29 as the record d…
LIC shares jump 5% after Q4 results, first-ever bonus issue. Here's what brokerages say
LIC shares jumped around 5% on Friday after the state-run insurer announced its first-ever 1:1 bonus issue and a Rs 10 dividend, alongside strong Q4 results. Consolidated net profit rose 23% year-on-year to Rs 23,467 crore, while net premium income increased …
LIC bonus issue: Insurance behemoth gets shareholders' approval for 1:1 issue. Check details
Life Insurance Corporation of India (LIC) said shareholders approved its 1:1 bonus issue with overwhelming support. The insurer disclosed voting results, key managerial appointments and market movement following the announcement. It outlined record date condi…