LIC hands over dividend cheque to Govt
Life Insurance Corporation of India (LIC) presented its annual dividend cheque to the Government of India, reaffirming its strong financial performance and shareholder returns.
LIC hands over dividend cheque to Govt
Mumbai, Aug 29
R Doraiswamy, CEO & MD, LIC of India, today presented the Dividend cheque of Rs7324.34 Crore to Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, as the Government of India’s share of Dividend, approved by the Shareholders in the Annual General Meeting held on 26th August, 2025.
Nagaraju M, Secretary, Dept of Financial Services, Dr Parshant Kumar Goyal, Joint Secretary, Dept. of Financial Services, Ministry of Finance, Govt. of India were present along with the officials from Life Insurance Corporation of India, Sat Pal Bhanoo, MD, Dinesh Pant, MD, Ratnakar Patnaik, MD and JPS Bajaj, ZM (I/C), Northern Zone.
LIC is completing 69 glorious years since its incorporation and as at 31.03.2025 has an asset base of Rs. 56.23 Lakh Crore. It continues to be the market leader in the Indian Life Insurance market.
EoM.
