LIC said that it would capitalise sum not exceeding Rs. 6324,99,77,010 (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten only) out of the Reserves and Surplus of the corporation available as at  31December 2025, subject to approval of the members of the corporation.
The existing authorised equity share capital of LIC is Rs. 25,000 crore and the paid-up equity share capital Rs. 6,324.99 crores. Post proposed bonus issuance of 1:1, the paid-up equity share capital shall increase to Rs. 12,649.99 crore. The Reserves and surplus (In India) stood at Rs. 1,46,440.58 crore as at 31 December 2025 and the profit after tax for nine-month period ended 31st December, 2025 was Rs. 33,998 crore.
The proposal of issue of bonus shares shall not impact the solvency margin and
any other financial parameters of LIC, according to a statement.
“Since listing in May 2022, LIC has been paying dividends consistently and also increasing the dividend per share over a period of time from Rs. 1.50 per share to Rs. 12 per share. We have been continuously evaluating various mechanisms for rewarding our shareholders and we believe this proposed bonus issue is a significant step taken by us in that direction. We are confident that our entire transformation initiatives are leading to tangible results and will continue to yield better outcomes for all,” R Doraiswamy, CEO and MD, LIC, said in a statement.
