LIC of India has announced the launch of two new group insurance products scheduled for February 16, 2026. The announcement was made through a regulatory disclosure to stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.

New Product Portfolio

The insurance giant is introducing two distinct group insurance offerings targeting different customer needs in the domestic market:

Product Specifications

LIC's Group Term Ease Plan is positioned as a pure risk product under the non-participating and non-linked category. This group life insurance plan focuses on providing term coverage benefits to group members.

LIC's Group Benefits Secure Plan represents a savings-oriented approach within the group insurance segment. Like its counterpart, it operates under the non-participating and non-linked framework but emphasizes savings benefits for policyholders.

Market Strategy

Both products are exclusively designed for the domestic market, with no international expansion planned at launch. The products fall under Life Insurance Corporation of India's group insurance vertical, targeting institutional clients and employee benefit schemes.

Regulatory Compliance

The disclosure was filed with both BSE Limited (Scrip Code: 543526) and National Stock Exchange of India Ltd. (Scrip Code: LICI) on February 13, 2026. Company Secretary & Compliance Officer Anshul Kumar Singh signed the regulatory filing, ensuring compliance with listing regulations.

The product launch information has been made available on the corporation's official website at www.licindia.in for public access and transparency.

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.