Chennai, July 29: Shri R. Doraiswamy, CEO & MD, LIC of India, presented the Dividend cheque of INR 12,207.25 Crore to Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman, as the Government of India’s share of Dividend, approved by the Shareholders in the Annual General Meeting held on 27th July, 2026.
Shri Sanjay Lohiya, Secretary, Dept. of Financial Services, Ministry of Finance, Govt. of India was present along with the officials from Life Insurance Corporation of India, Shri Ratnakar Patnaik, MD, Shri R. Chander, MD and Shri N.S. Raghava, ZM , Northern Zone.
LIC is completing 70 glorious years since its incorporation and as at 31.03.2026 has an asset base of INR 59.03 Lakh Crore. It continues to be the market leader in the Indian Life Insurance market.