LIC of India has announced a substantial investment of Rs 5120 crores in Bajaj Finance Limited through the subscription of debentures. The insurance giant disclosed this major investment decision in a regulatory filing dated January 27, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Investment Details

The investment comprises the subscription of 512,000 debentures, each carrying a face value of Rs 100,000. The transaction was executed through bank/RTGS payment and was completed on January 27, 2026, at 12:30 p.m.

Target Entity Profile

Bajaj Finance Limited, the recipient of this investment, operates in the Non-Banking Financial Company (NBFC) sector. The company is a subsidiary of Bajaj Finserv Limited and holds the distinction of being a deposit-taking Non-Banking Financial Company registered with the Reserve Bank of India. It is specifically classified as an NBFC-Investment and Credit Company, positioning it as a significant player in India's financial services landscape.

Transaction Characteristics

LIC has clarified that this acquisition does not fall within the purview of related party transactions. The promoter, promoter group, or group companies have no interest in Bajaj Finance Limited, ensuring the transaction's independence. Additionally, no governmental or regulatory approvals were required for completing this investment.

Strategic Implications

The funds raised through this debenture issue will be utilized for the general business purposes of Bajaj Finance Limited. This investment represents LIC's continued strategy of diversifying its investment portfolio across various financial instruments and sectors, while supporting the growth of established financial services companies in the Indian market.

Life Insurance Corporation of India has announced the launch of its new 'Jeevan Utsav' Single Premium insurance product, set to be available from January 12. The state-owned insurer filed disclosures under Regulation 30 of the SEBI Listing Regulations, informing stock exchanges about this customer-focused initiative designed for the domestic market with lifelong financial protection and guaranteed benefits.

Product Overview and Structure

The Jeevan Utsav Single Premium is a comprehensive whole life insurance plan that combines protection with savings benefits. As a non-participating and non-linked plan, it offers guaranteed returns that are not tied to stock market performance, providing financial certainty to policyholders.

Key Features and Benefits

The single premium structure allows customers to pay the entire premium upfront and receive lifelong coverage. Since it is a non-linked plan, returns are guaranteed and fixed, providing stability regardless of market fluctuations. The non-participating nature means no bonus is added, with beneficiaries receiving the sum assured and any other guaranteed benefits stated in the policy.

The product is designed to provide financial support to families in case of the unfortunate death of the life assured, while also offering survival benefits for the policyholder. This mirrors the structure of LIC's existing Jeevan Utsav plan with multiple premiums, which focuses on providing "financial support to families in case of unfortunate death of Life Assured and survival benefits in the form of Regular Income Benefit or Flexi Income Benefit."

Special Revival Campaign

Alongside the product launch, LIC has introduced a pan-India revival campaign for policyholders whose individual insurance policies have lapsed. Running till March 2, this campaign offers significant financial concessions to help customers restore their coverage.

Regulatory Compliance and Availability

Both announcements were made through proper regulatory channels, with notifications sent to BSE Limited and the National Stock Exchange of India. The disclosures ensure transparency for stakeholders and investors while maintaining corporate governance standards. Complete product information and campaign details are available on the corporation's official website at www.licindia.in for easy access by potential customers and existing policyholders.