Life Insurance Corporation Of India (LICI) — Board Meeting | 28 August 2025(2 announcements)

LICI's 4th Annual General Meeting on August 26, 2025 approved the appointment of M/s Mukund M. Chitale & Co. as statutory auditor and M/s S.N. Ananthasubramanian & Co. as secretarial auditor, each for five consecutive years through 2030. These routine governance appointments ensure continuous independent oversight of the Corporation's financial and compliance functions.

LICI held its 4th Annual General Meeting on August 26, 2025, with all 13 resolutions passed with overwhelming shareholder approval. Key approvals included adoption of audited FY 2024-25 financial statements (standalone and consolidated), a ₹12 per share final dividend, appointment of new leadership including Managing Directors Dinesh Pant and Ratnakar Patnaik, and auditor appointments. Material related-party transactions with IDBI Bank, LIC Housing Finance, and LIC Mutual Fund were also approved. Voting participation reached 97.9% with 99.99% approval rates across most resolutions.