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This means that the shareholders will get one fully paid-up equity share of ₹10 each for every one fully paid-up equity share of ₹10 each held by the members of the corporation as of the record date. 1:1 bonus issue: A little detail A bonus issue in the proportion of 1:1 means that a company gives one additional (free) equity share for every one share already held by its shareholders. In simple terms, if an investor owns 100 shares, they will receive 100 extra shares at no cost, taking their total holding to 200 shares. These bonus shares are issued by capitalising the company's reserves, so while the number of shares increases, the overall investment value typically remains the same initially, as the share price adjusts proportionately. LIC Bonus Issue: Key Details Total number of shares proposed to be issued The company will issue approximately 632,49,97,701 equity shares of face value ₹10 each, aggregating to around ₹6,324.99 crore. Source of bonus issue The bonus shares will be issued out of the company's Reserves & Surplus available as of December 31, 2025. Share capital details (Pre and Post Bonus Issue)

• Authorised Share Capital ₹25,000 crore, divided into 2,500,00,00,000 equity shares of ₹10 each
• Pre-Bonus Paid-up Capital ₹6,324.99 crore, comprising 632,49,97,701 equity shares of ₹10 each
• Post-Bonus Paid-up Capital ₹12,649.99 crore, comprising 1,264,99,95,402 equity shares of ₹10 each.

Shares of LIC ended at ₹803.65 apiece on the NSE on Monday, up 0.66%. The company announced the bonus issue later in the evening. About LIC Life Insurance Corporation of India (LIC), a public sector enterprise, is India's largest insurance company. It is the country's largest institutional investor with total assets under management (AUMs) worth over ₹57 lakh crore as of late 2025/early 2026. LIC was formed on September 1, 1956, after the Parliament of India passed the Life Insurance Corporation Act on June 19, 1956. It had total assets of ₹411 crore and 51 lakh policies in force that year. In May 2022, LIC launched its public issue. The shares got listed on the stock exchanges on May 17, 2022. LIC offers a wide variety of products that fulfil the needs of different customer segments of society. Its products include insurance plans, pension plans, unit-linked plans (ULIPs), micro-insurance plans, withdrawn plans, and health insurance plans.