Life Insurance Of India (LICI) — Board Meeting

LIC announced a final dividend of ₹12 per share for FY 2024-25, payable to shareholders on record as of July 25, 2025, with payment by September 24, 2025. The Board recommended the dividend at its May 27, 2025 meeting, pending shareholder approval at the August 26, 2025 AGM. Tax Deducted at Source (TDS) will apply from April 1, 2024, requiring members to submit PAN, KYC, and bank details to claim exemptions. Non-resident members must provide additional documentation for DTAA benefits. The company emphasized timely dividend credits and warned against misrepresentation of information.

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About Life Insurance Corporation Of India (LICI)

Financial Services · Insurance · Listed on NSE

Market Cap: ₹5,05,462.19 Cr P/E: 9.5

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