LIC four senior management officials superannuate on Sep 30, 2026

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Four senior management officials at LIC superannuate on September 30, 2026
  • Two Executive Directors among those retiring include heads of CRM/Claims and Business Development
  • Disclosure made under Regulation 30 of SEBI Listing Regulations
  • Retiring officials hold positions in Bhopal, Mumbai, and Central Office
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*this image is generated using AI for illustrative purposes only.

Life Insurance Corporation of India announced the superannuation of four senior management personnel effective September 30, 2026. The departure includes two Executive Directors and two Directors from zonal and central offices.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The officials will retire after the close of office hours on the specified date.

Superannuating officials

The following Senior Management Personnel are scheduled to superannuate:

Name Designation
Smt Rashmi Bhatnagar Director, Zonal Training Centre, Bhopal
Smt Vandana Sinha Executive Director (Customer Relationship Management /Claims/Annuities), Central Office, Mumbai
Shri Surendra Singh Chaplot Executive Director (Business Development/Bima Sakhi), Central Office, Mumbai
Shri Vivek Paul Director, Management Development Centre, Mumbai

Disclosure details

The intimation was signed by Anshul Kumar Singh, Company Secretary & Compliance Officer. A copy of the disclosure is available on the corporation's website.

Historical Stock Returns for LIC of India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.33%-2.31%-6.35%+3.23%-11.69%-9.70%

How might the retirement of the Executive Director overseeing Claims and Annuities impact LIC's operational efficiency in these critical service areas?

What succession plans has LIC announced to ensure continuity in Business Development and Bima Sakhi initiatives following the departure of the responsible Executive Director?

Could this leadership transition influence LIC's upcoming strategic priorities or digital transformation goals for the fiscal year 2026-27?

LIC of India shares worth ₹20.24 crore flag large-trade signal on NSE

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • A large-trade signal flagged approximately 5,09,854 shares of LIC of India on NSE
  • Shares changed hands at ₹396.95, with a combined value of ₹20.24 crore
  • This is a real-time signal and not a confirmed exchange-reported event
  • Official exchange disclosures on such activity are published only after market close
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*this image is generated using AI for illustrative purposes only.

LIC of India shares flagged a large-trade signal on the National Stock Exchange (NSE), with approximately 5,09,854 shares changing hands at ₹396.95, for a combined value of ₹20.24 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Trade details

The following table summarises the key parameters of the flagged activity:

Parameter Details
Exchange NSE
Approximate quantity 5,09,854 shares
Trade price ₹396.95
Combined value ₹20.24 crore

The signal reflects a cluster of trades in LIC of India shares printed within a short window at or near ₹396.95, flagged by a real-time trade-scanning system for size and concentration. No buyer, seller, broker, or client identity is known at this stage, as such disclosures are made only by the exchange after market close.

What this is, and isn't

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.

Historical Stock Returns for LIC of India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.33%-2.31%-6.35%+3.23%-11.69%-9.70%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

Will the post-market NSE/BSE reports confirm this activity as an official block or bulk deal, or will it remain classified as standard high-volume trading?

How does this ₹20.24 crore trade volume compare to LIC's average daily trading value, and does it signal a shift in institutional interest?

Could this large-trade signal be a precursor to broader market movements in the Indian insurance sector ahead of upcoming regulatory announcements?

More News on LIC of India

1 Year Returns:-11.69%