Life Insurance Corporation of India CEO, chairman, board of directors and AGM
NSE: LICIBSE: 543526InsuranceLarge Cap
Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed May 2022 · Issue price ₹949
Last close ₹391.45up ₹3.75 (0.97%)BSE ₹391.00
Share price at the NSE close on 28 Oct 2026. Previous close ₹387.70.
28 Oct: open ₹387.70, high ₹393.00, low ₹384.40
52-week range of traded prices to 28 Oct 2026
₹360.75Low, 2 Apr 2026₹468.48High, 7 Nov 2025
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹4,95,184 Cr11th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 8.24
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.59
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.55%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 36.3%
- SolvencySolvency ratio. The capital the insurer holds ÷ the capital the regulator requires it to hold, as the insurer states it; insurers write it in different ways, so it is read as the one multiple between 1 and 5 it can be, and not given outside that. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company. Solvency ratio in the glossary
- 2.42times the capital required
- Gross premiumGross premium. Premium on the policies sold and renewed in the period, before the part passed on to reinsurers: a general insurer's gross premiums written, a life insurer's gross premium income. For the year to Mar 2026. For the whole group. Gross premium in the glossary
- ₹5,38,379 Cr
- First-year premiumFirst-year premium. Premium from the first year of new regular-premium policies, for the period. For the year to Mar 2026. For the whole group. First-year premium in the glossary
- ₹42,108 Cr
- Expense ratioExpense ratio. The costs of running the insurance business, commission included, as a percentage of premium, as the insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the filing's own amounts show it written on another scale or rounded to the whole per cent. For the year to Mar 2026. For the whole group. Expense ratio in the glossary
- 11.93%
- Persistency, 13 monthsPersistency, 13 months. The share of what was sold that is still being paid for 13 months after the sale, by premium or by number of policies, which the filing does not say, as the life insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. For the year to Mar 2026. For the whole group. Persistency, 13 months in the glossary
- 74.64%
- ConservationConservation ratio. This year's renewal premium as a percentage of last year's first-year and renewal premium, as the life insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where it is 0, or where it is outside 10% to 150%. For the year to Mar 2026. For the whole group. Conservation ratio in the glossary
- 92.33%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 48,04,42264.2% delivered
Life Insurance Corporation of India's chairperson and managing director and CEO is R Doraiswamy, its managing director Ratnakar Patnaik and its managing director Ramakrishnan Chander, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 27 Jul 2026.
Life Insurance Corporation of India board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing director and CEOR Doraiswamy
- Managing directorRatnakar Patnaik
- Managing directorRamakrishnan Chander
- Company Secretary and Compliance OfficerAnshul Kumar Singh
4 directors3 executive1 non-executive
- R Doraiswamy · Chairperson and managing director and CEOExecutive · joined Sep 2023 · 2 listed boards
- Sanjay LohiyaNominee, non-executive · joined May 2026 · 2 listed boards · 2 committee seats, 1 as chair
- Ratnakar Patnaik · Managing directorExecutive · joined Jun 2025 · 2 listed boards · 3 committee seats, 1 as chair
- Ramakrishnan Chander · Managing directorExecutive · joined Dec 2025 · 2 listed boards · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
16 directors who left
- Dinesh Pant, left 24 Sep 2026: Others
- V S Parthasarathy, left 28 Jul 2026: Tenure Completion
- Mahalingam G, left 28 Jul 2026: Tenure Completion
- Anil Kumar, left 19 Jul 2026: Tenure Completion
- Shalini Pandit, left 13 May 2026: Others
- Vinod Kumar Verma, left 28 Apr 2026: Tenure Completion
- Ranjan Sharma, left 28 Apr 2026: Tenure Completion
- Anjuly Chib Duggal, left 28 Jan 2026: Tenure Completion
- Raj Kamal, left 28 Jan 2026: Tenure Completion
- Muthu Raju Paravasa Raju Vijay Kumar, left 28 Jan 2026: Tenure Completion
- Sat Pal Bhanoo, left 31 Dec 2025: Tenure Completion
- Parshant Kumar Goyal, left 3 Dec 2025: Others
- Siddhartha Mohanty, left 7 Jun 2025: Tenure Completion
- Tablesh Pandey, left 31 May 2025: Tenure Completion
- Jagannath M, left 31 May 2025: Tenure Completion
- Maruthi Prasad Tangirala, left 17 Apr 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
2 meetings of 7 without a quorum
- 21 Sep 20265 of 5 present0 independent · 45 days in between · quorum not met
- 6 Aug 20265 of 5 present0 independent · 8 days in between · quorum not met
- 28 Jul 20267 of 7 present2 independent · 33 days in between
- 24 Jun 20267 of 8 present3 independent · 33 days in between
3 earlier meetings
- 21 May 20268 of 8 present3 independent · 22 days in between
- 28 Apr 202610 of 10 present5 independent · 14 days in between
- 13 Apr 202610 of 10 present5 independent
Audit Committee
Chair Ramakrishnan Chander
Sanjay Lohiya, Ratnakar Patnaik
2 meetings of 6 without a quorum
- 21 Sep 20263 of 3 present0 independent · 45 days in between · quorum not met
- 6 Aug 20263 of 3 present0 independent · 42 days in between · quorum not met
- 24 Jun 20263 of 3 present3 independent · 34 days in between
- 20 May 20263 of 3 present3 independent · 21 days in between
2 earlier meetings
- 28 Apr 20266 of 6 present4 independent · 3 days in between
- 24 Apr 20265 of 6 present4 independent
Nomination and remuneration committee
Chair Sanjay Lohiya
R Doraiswamy, Ramakrishnan Chander
- 28 Jul 20263 of 3 present2 independent · 33 days in between
- 24 Jun 20262 of 3 present2 independent · 82 days in between
- 2 Apr 20266 of 6 present4 independent
Stakeholders Relationship Committee
Chair Sanjay Lohiya
Ratnakar Patnaik, Ramakrishnan Chander
- 1 Jun 20263 of 3 present2 independent · 17 days in between
- 14 May 20263 of 3 present2 independent
Risk Management Committee
Chair R Doraiswamy
Sanjay Lohiya, Ramakrishnan Chander, Ajay Kumar Srivastava, Varadarajan M
- 21 Aug 20263 of 3 present0 independent · 98 days in between
- 14 May 20265 of 5 present3 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Jun 2026.
- V. SANKAR AIYAR & CO.Peer-review certificate valid to Apr 2028
- MUKUND M CHITALE & COPeer-review certificate valid to Apr 2027
2 earlier auditors
- V SANKAR AIYAR and CONamed in the filing for the quarter to Mar 2025
- Chokshi and Chokshi LLPNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Life Insurance Corporation of India AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Life Insurance Corporation of India dividend history
Annual general meeting, 27 Jul 2026
21,63,219 shareholders on the register on 21 Jul 2026; present: 1 promoter and 175 others; votes counted by Aparna Gadgil / S. N. Ananthasubramanian & Co.The company's voting result
Adoption of the audited standalone financial statements of the Corporation for the financial year ended on March 31, 2026, together with the Reports of Board and Auditors thereon, in terms of Sections 24B, 24C and 25B of the Life Insurance Corporation Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 97.92% · promoters 100.00% · institutions 89.74% · other public 5.71%
Adoption of the audited consolidated financial statements of the Corporation for the financial year ended on March 31, 2026, together with the Report of Auditors thereon, in terms of Sections 24B and 25B of the Life Insurance Corporation Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 97.92% · promoters 100.00% · institutions 89.74% · other public 5.71%
- Adoption of the Annual Report of the Corporation for the financial year ended on March 31, 2026, in terms of Section 27 of the Life Insurance Corporation Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 97.92% · promoters 100.00% · institutions 89.74% · other public 5.71%
Approval of declaration of Final Dividend of Rs. 10 per equity share of face value of Rs. 10 each for the financial year ended on March 31, 2026 as recommended by the Board in terms of Section 28B of the Life Insurance Corporation Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 97.92% · promoters 100.00% · institutions 89.74% · other public 5.71%
- Approval for the appointment of Zonal and Divisional Auditors of the Corporation and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 97.92% · promoters 100.00% · institutions 89.74% · other public 5.71%
- Approval for the appointment of Shri Sanjay Lohiya (DIN:07151125) as Government Nominee Director of the CorporationOrdinary99.60% for0.40% against
Against: promoters 0.00% · institutions 30.02% · other public 0.20%
Turnout: all 97.92% · promoters 100.00% · institutions 89.69% · other public 5.71%
- Approval of material related party transactions of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF Asset Management).Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 1.42% · promoters 0.00% · institutions 89.58% · other public 5.71%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 17 May 2026, 5 resolutions
21,52,519 shareholders on the register on 15 Apr 2026; votes counted by S. N. Viswanathan / S. N. Ananthasubramanian & Co..The company's voting result
- Issue of Bonus SharesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 98.01% · promoters 100.00% · institutions 92.46% · other public 6.08%
- Re-appointment of Shri Mahalingam G (DIN: 09660723) as an Independent Director of the CorporationSpecial99.79% for0.21% against
Against: promoters 0.00% · institutions 14.91% · other public 1.10%
Turnout: all 98.01% · promoters 100.00% · institutions 92.46% · other public 6.08%
- Re-appointment of Dr. V. S. Parthasarathy (DIN: 00125299) as an Independent Director of the CorporationSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 2.12% · other public 1.10%
Turnout: all 98.01% · promoters 100.00% · institutions 92.46% · other public 6.07%
- Appointment of Ms. Shalini Pandit (DIN: 07780142) as a Government Nominee Director of the CorporationOrdinary99.79% for0.21% against
Against: promoters 0.00% · institutions 14.59% · other public 1.05%
Turnout: all 98.01% · promoters 100.00% · institutions 92.46% · other public 6.07%
- Appointment of Shri Ramakrishnan Chander (DIN: 11331783) as a Managing Director of the CorporationOrdinary99.80% for0.20% against
Against: promoters 0.00% · institutions 14.38% · other public 1.03%
Turnout: all 98.01% · promoters 100.00% · institutions 92.46% · other public 6.07%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Aug 2025, 13 resolutions
22,79,922 shareholders on the register on 19 Aug 2025; present: 1 promoter and 170 others; votes counted by Atul Mehta / Mehta & Mehta.The company's voting result
To consider and adopt the Audited Standalone Financial Statements of the Corporation for the financial year ended on March 31, 2025, together with the Reports of Board and Auditors thereon, in terms of Sections 24B, 24C and 25B of the Life Insurance Corporation Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.16% · other public 0.31%
Turnout: all 97.90% · promoters 100.00% · institutions 90.39% · other public 2.82%
Adoption of audited consolidated financial statements of the Corporation for the financial year ended on March 31, 2025, together with the Reports of Auditors thereon, in terms of Sections 24B and 25B of the LIC Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.16% · other public 0.30%
Turnout: all 97.90% · promoters 100.00% · institutions 90.39% · other public 2.82%
- Adoption of Annual Report of the Corporation for the financial year ended March 31, 2025, in terms of Section 27 of the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.13% · other public 0.29%
Turnout: all 97.90% · promoters 100.00% · institutions 90.39% · other public 2.82%
- Approval of declaration of Final Dividend of Rs. 12 per equity share for the Financial Year ended March 31, 2025 as recommended by the Board in terms of Section 28B(1) of the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 97.90% · promoters 100.00% · institutions 90.44% · other public 2.82%
- Approval for appointment of Auditors and fixing their remuneration under Sections 25 of the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 97.90% · promoters 100.00% · institutions 90.44% · other public 2.82%
- Approval for appointment of Dr. Parshant Kumar Goyal (DIN: 08652921) as Government Nominee Director of the Corporation in terms of Government of India notification dated April 17, 2025.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 6.01% · other public 0.47%
Turnout: all 97.90% · promoters 100.00% · institutions 90.40% · other public 2.82%
- Approval for appointment of Shri Dinesh Pant (DIN: 11134993) as Managing Director of the Corporation in terms of Government of India notification dated May 14, 2025.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.54% · other public 0.45%
Turnout: all 97.90% · promoters 100.00% · institutions 90.44% · other public 2.82%
- Approval for appointment of Shri Ratnakar Patnaik (DIN: 10283908) as Managing Director of the Corporation in terms of Government of India notification dated May 14, 2025.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.54% · other public 0.45%
Turnout: all 97.90% · promoters 100.00% · institutions 90.44% · other public 2.82%
- Approval for appointment of Secretarial Auditor and fixing their remuneration under Regulation 24A of SEBI (LODR) Regulations, 2015Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 1.07% · other public 0.37%
Turnout: all 97.90% · promoters 100.00% · institutions 90.44% · other public 2.82%
- Approval for material related party transactions of the Corporation with IDBI Bank Limited (IDBI Bank) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 1.40% · promoters 0.00% · institutions 90.44% · other public 2.82%
- Approval for material related party transactions of the Corporation with LIC Housing Finance Limited (LIC HFL) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 1.40% · promoters 0.00% · institutions 90.44% · other public 2.82%
- Approval for material related party transaction of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 1.40% · promoters 0.00% · institutions 90.42% · other public 2.82%
- Approval for appointment of Shri R Doraiswamy (DIN: 10358884) as Chief Executive Officer and Managing Director in terms of Government of India notification dated July 14, 2025.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.98% · other public 0.37%
Turnout: all 97.90% · promoters 100.00% · institutions 90.44% · other public 2.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Aug 2024, 8 resolutions
Present: 1 promoter and 219 others.
Adoption of audited financial statements of the Corporation (standalone and consolidated) for the financial year ended on March 31, 2024, together with the Reports of Directors and Auditors thereon, in terms of Sections 24B, 24C and 25B of the LIC Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.19% · other public 1.81%
Turnout: all 97.61% · promoters 100.00% · institutions 85.88% · other public 0.30%
- Adoption of Annual Report of the Corporation for the financial year ended March 31, 2024, in terms of Section 27 of the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.19% · other public 1.78%
Turnout: all 97.61% · promoters 100.00% · institutions 85.88% · other public 0.30%
Confirmation of the payment of interim dividend of Rs. 4 per equity share and approval of declaration of Final Dividend of Rs. 6 per equity share for the Financial Year ended March 31, 2024 as recommended by the Board in terms of Section 28B(1) of the LIC Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.79%
Turnout: all 97.61% · promoters 100.00% · institutions 85.94% · other public 0.30%
- Approval for appointment of Auditors and fixing their remuneration under Sections 25(1), (4) and (7) of the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.47%
Turnout: all 97.61% · promoters 100.00% · institutions 85.88% · other public 0.30%
- Approval for appointment of Mr. Doraiswamy Ramchandran (DIN: 10358884) as Managing Director of the Corporation in terms of Government of India notification dated August 14, 2023.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 2.01% · other public 2.90%
Turnout: all 97.61% · promoters 100.00% · institutions 85.88% · other public 0.30%
- Approval for material related party transactions of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 2.99%
Turnout: all 1.11% · promoters 0.00% · institutions 85.87% · other public 0.30%
- Approval for material related party transactions of the Corporation with IDBI Bank Limited (IDBI Bank) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.19%
Turnout: all 1.11% · promoters 0.00% · institutions 85.88% · other public 0.30%
- Approval for material related party transactions of the Corporation with LIC Housing Finance Limited (LIC HFL) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.08%
Turnout: all 1.11% · promoters 0.00% · institutions 85.88% · other public 0.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Aug 2023, 11 resolutions
Present: 1 promoter and 296 others.
To consider and adopt the audited financial statements of the Corporation (including the consolidated financial statements) for the financial year ended on 31st March, 2023, together with the Reports of Board and Auditors thereon in terms of Sections 24B, 24C and 25B of the Life Insurance Corporation Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.94%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
- To consider and adopt the Annual Report of the Corporation for the financial year ended on 31st March, 2023, in terms of Section 27 of the Life Insurance Corporation Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
To consider and declare Final Dividend of Rs.3 per equity share for the Financial Year ended on 31st March, 2023 as recommended by the Board in terms of Section 28B(1) of the Life Insurance Corporation Act, 1956.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.20%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
To appoint M/s R. Subramanian and Co. LLP (FRN :004137S/S-200041) and M/s Borkar & Muzumdar (FRN:101569W) as Statutory Auditors of the Corporation for a period of 3 years and 5 years respectively from the conclusion of the 2nd AGM and to fix their remuneration.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.13% · other public 1.09%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
- To approve the appointment of Mr. Siddhartha Mohanty (DIN: 08058830) as Whole time Chairperson of the Corporation in terms of Government of India’s notification dated 28th April, 2023.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 6.92% · other public 1.71%
Turnout: all 97.22% · promoters 100.00% · institutions 75.13% · other public 0.57%
To approve the appointment of Mr. Jagannath M. (DIN: 10090437) as the Managing Director of the Corporation in terms of Government of India’s notification dated 13th March, 2023 and up to the date of his attaining superannuation (i.e., May 31, 2025), or until further orders whichever is earlier.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.82% · other public 1.73%
Turnout: all 97.22% · promoters 100.00% · institutions 75.13% · other public 0.57%
To Approve appointment of Mr. Tablesh Pandey (DIN: 10119561) as Managing Director of the Corporation in terms of Government of India’s notification dated 13th March, 2023 and up to the date of his attaining superannuation (i.e., May 31, 2025) or until further orders whichever is earlierMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.82% · other public 2.03%
Turnout: all 97.22% · promoters 100.00% · institutions 75.13% · other public 0.57%
To approve exemption from bifurcation of funds and implementation of surplus distribution policy in three overseas branches of the Corporation viz. LIC UK and LIC Mauritius for F.Y.2022-23 and LIC Fiji for F.Y. 2022.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.20%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
- To approve material Related Party Transactions to be entered into by the Corporation with LIC Mutual Fund Asset Management Limited, in terms of relevant provisions of SEBI (LODR) Regulations, 2015.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 0.79% · promoters 0.00% · institutions 82.65% · other public 0.57%
- To appoint Dr. Maruthi Prasad Tangirala, (DIN: 03609968) as Government Nominee Director of the Corporation, in terms of Government of India’s notification dated 28th June, 2023.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 9.41% · other public 1.91%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
To appoint Mr. Sat Pal Bhanoo as Managing Director of the Corporation in terms of Government of India’s notification dated 19th July, 2023 and up to the date of his attaining superannuation (i.e., December 31, 2025) or until further orders whichever is earlierMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.24% · other public 1.97%
Turnout: all 97.29% · promoters 100.00% · institutions 82.68% · other public 0.57%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2022, 20 resolutions
Present: 1 promoter and 306 others.
To consider and adopt the audited financial statementsnof the Corporation (including the consolidated financialnstatements) for the financial year ended on March 31,n2022, together with the Reports of Board and Auditorsnthereon, in terms of Sections 24B, 24C and 25B of thenLIC Act, 1956MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 13.88%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.57%
- To consider and adopt the Annual Report of the Corporationnfor the financial year ended March 31, 2022, in terms ofnSections 24C and 27 of the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 13.98%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.57%
- To consider and declare Final Dividend of Rs. 1.50 pernequity share for the Financial Year ended March 31, 2022nas recommended by the Board in terms of Section 28B(1)nof the LIC Act, 1956.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 10.35%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Dr. Ranjan Sharma (DIN: 09573799) as an IndependentnDirector:Special99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 11.92%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. Vinod Kumar Verma (DIN: 09309031) as annIndependent Director:Special99.90% for0.10% against
Against: promoters 0.00% · institutions 10.57% · other public 12.07%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Prof. Anil Kumar (DIN: 09477565) as an IndependentnDirector:Special99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 11.70%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Ms. Anjuly Chib Duggal (DIN: 05264033) as annIndependent Director:Special99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 12.10%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. Gurumoorthy Mahalingam (DIN: 09660723) as annIndependent Director:Special99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 11.97%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. Raj Kamal (DIN: 07653591) as an IndependentnDirector:Special99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 12.00%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. V.S. Parthasarathy (DIN: 00125299) as annIndependent DirectorSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 11.73%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To consider and, if thought fit, to pass the following resolution as a SPECIAL RESOLUTION for appointment of Mr. M.P. VijaynKumar (DIN: 05170323) as an Independent Director:Special99.66% for0.34% against
Against: promoters 0.00% · institutions 36.91% · other public 11.94%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.54%
- To consider and, if thought fit, to pass the following resolution as a SPECIAL RESOLUTION for appointment of Mr. SanjeevnNautiyal (DIN: 08075972) as an Independent Director::Special99.98% for0.02% against
Against: promoters 0.00% · institutions 2.13% · other public 11.98%
Turnout: all 97.33% · promoters 100.00% · institutions 75.08% · other public 0.54%
- To appoint Auditors and fix their remuneration and, in that behalf, to consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTIONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 10.39%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.54%
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment ofnMr. M.R. Kumar (DIN: 03628755) as Whole timenChairperson of the CorporationOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 4.28% · other public 19.99%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.60%
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment ofnMr. Suchindra Misra (DIN: 01873568) as GovernmentnNominee Director of the Corporation:nOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 4.97% · other public 16.14%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.57%
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment ofnMr. Raj Kumar (DIN: 06627311) as Managing Director ofnthe CorporationOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 4.28% · other public 20.09%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.60%
- To consider and, if thought fit, to pass the followingnresolution as an ORDINARY RESOLUTION fornappointment of Mr. Siddhartha Mohanty (DIN: 08058830)nas Managing Director of the Corporation:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 20.29%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.60%
- To consider and, if thought fit, to pass the followingnresolution as an ORDINARY RESOLUTION fornappointment of Ms. Mini Ipe (DIN: 07791184) as ManagingnDirector of the CorporationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 20.16%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.60%
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment of Mr.nBishnu Charan Patnaik (DIN: 08384583) as ManagingnDirector of the CorporationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 20.31%
Turnout: all 97.40% · promoters 100.00% · institutions 81.55% · other public 0.60%
- To consider, and if thought fit, to pass the followingnresolution as an ORDINARY RESOLUTION for approvalnof related party transactions of the CorporationOrdinary99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 10.69%
Turnout: all 0.90% · promoters 0.00% · institutions 81.12% · other public 0.54%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 27 Jul 2026, 21 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Adoption of the audited standalone financial statements of the Corporation for the financial year ended on March 31, 2026, together with the Reports of Board and Auditors thereon, in terms of Sections 24B, 24C and 25B of the Life Insurance Corporation Act, 1956.MoreLess
19 for0 againstAdoption of the audited consolidated financial statements of the Corporation for the financial year ended on March 31, 2026, together with the Report of Auditors thereon, in terms of Sections 24B and 25B of the Life Insurance Corporation Act, 1956.MoreLess
19 for0 against- Adoption of the Annual Report of the Corporation for the financial year ended on March 31, 2026, in terms of Section 27 of the Life Insurance Corporation Act, 1956.21 for0 against
Approval of declaration of Final Dividend of Rs. 10 per equity share of face value of Rs. 10 each for the financial year ended on March 31, 2026 as recommended by the Board in terms of Section 28B of the Life Insurance Corporation Act, 1956.MoreLess
20 for0 against- Approval for the appointment of Zonal and Divisional Auditors of the Corporation and fix their remuneration.21 for0 against
- Approval for the appointment of Shri Sanjay Lohiya (DIN:07151125) as Government Nominee Director of the Corporation
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundBoard Composition non-compliant with requirement of Woman Independent Director and no clarity regarding SEBI Exemption Status
- Edelweiss Mutual Fund, Groww Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. The Board has not had a Woman Independent Director since 29th January 2026, following the completion of the tenure of Ms. Anjuly Chib Duggal. Upon the compliance obligation arising, the Corporation applied to SEBI for an exemption, which was granted on 13th February 2026 for a period of six months from 29th January 2026. The exemption is set to expire two days after the ensuing AGM, i.e., on 29th July, 2026. The Annual Report 2025-26 contains a generic statement that Corporation is taking necessary steps to comply with the applicable legal provisions at the earliest, however, it has not disclosed whether the process for appointing a Woman Independent Director is underway, a timeline for achieving compliance after expiry of the exemption, or whether it proposes to seek a further extension of the exemption. Accordingly, a governance and transparency concern is identified.
- Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because: • The board is chaired by an executive, and the board is not at least one-half independent and Sanjay Lohiya is a non-independent director nominee. • Sanjay Lohiya is getting a permanent board seat which could reduce his accountability by disallowing shareholder review for his continued service.
15 for6 against - Approval of material related party transactions of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF Asset Management).21 for0 against
5 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
- Accept Consolidated Financial Statements and Statutory Reports1 for0 against
- Accept Standalone Financial Statements and Statutory Reports1 for0 against
Mutual fund votes, meeting of 17 May 2026, 25 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Issue of Bonus Shares25 for0 against
- Re-appointment of Shri Mahalingam G (DIN: 09660723) as an Independent Director of the Corporation
Against Angel One Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance concern: Board is non-compliant and the director is an Nomination & Remuneration Committee member.
- Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because: • There is a lack of diversity on the board and Gurumoorthy Mahalingam is an incumbent nominating committee member. • The board does not have a women independent director and Gurumoorthy Mahalingam is the senior most member of the nomination and remuneration committee.
- Groww Mutual Fund, Navi Mutual FundCompliant with Law. No issue on merit/ eligibility or competence of appointee. Governance concern: Board is non-compliant and the director is an NRC member.
- HSBC Mutual FundA vote AGAINST the following nominees is warranted because: • The board does not have a women independent director and Gurumoorthy Mahalingam is the senior most member of the nomination and remuneration committee.
19 for5 against - Re-appointment of Dr. V. S. Parthasarathy (DIN: 00125299) as an Independent Director of the Corporation24 for0 against
- Appointment of Ms. Shalini Pandit (DIN: 07780142) as a Government Nominee Director of the Corporation
Against Angel One Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
- Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because: • The board is chaired by an executive director, and the board is not at least one-half independent and Shalini Pandit is a non-independent director nominee. • Shalini Pandit is getting a permanent board seat which could reduce her accountability by disallowing shareholder review for her continued service.
- Groww Mutual Fund, Navi Mutual FundCompliant with Law. No issue on merit/eligibility or competence of appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
- HSBC Mutual Fundvote AGAINST the following nominees is warranted because: • The board is chaired by an executive director, and the board is not at least one-half independent and Shalini Pandit is a non-independent director nominee. • Shalini Pandit is getting a permanent board seat which could reduce her accountability by disallowing shareholder review for her continued service.
20 for5 against - Appointment of Shri Ramakrishnan Chander (DIN: 11331783) as a Managing Director of the Corporation
Against Angel One Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Independent Director.
- Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because: • Ramakrishnan Chander is an executive director serving on the audit committee. • The board is chaired by an executive director, and the board is not at least one-half independent and Ramakrishnan Chander is a non-independent director nominee.
- Groww Mutual Fund, Navi Mutual FundCompliant with Law. No issue on merit/eligibility or competence of appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Independent Director.
20 for4 against
3 proposals not matched to one resolution
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
Mutual fund votes, meeting of 26 Aug 2025, 27 fund houses
35 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To consider and adopt the Audited Standalone Financial Statements of the Corporation for the financial year ended on March 31, 2025, together with the Reports of Board and Auditors thereon, in terms of Sections 24B, 24C and 25B of the Life Insurance Corporation Act, 1956.MoreLess
24 for0 againstAdoption of audited consolidated financial statements of the Corporation for the financial year ended on March 31, 2025, together with the Reports of Auditors thereon, in terms of Sections 24B and 25B of the LIC Act, 1956.MoreLess
24 for0 against- Adoption of Annual Report of the Corporation for the financial year ended March 31, 2025, in terms of Section 27 of the LIC Act, 1956.27 for0 against
- Approval of declaration of Final Dividend of Rs. 12 per equity share for the Financial Year ended March 31, 2025 as recommended by the Board in terms of Section 28B(1) of the LIC Act, 1956.26 for0 against
- Approval for appointment of Auditors and fixing their remuneration under Sections 25 of the LIC Act, 1956.1 for0 against
- Approval for appointment of Dr. Parshant Kumar Goyal (DIN: 08652921) as Government Nominee Director of the Corporation in terms of Government of India notification dated April 17, 2025.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance Concern: Shareholders’ approval not sought within 3 months of appointment.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with Law. No issue on merit/eligibility or competence of appointee. Governance Concern: Shareholders’ approval not sought within 3 months of appointment.
- Franklin Templeton Mutual FundA vote AGAINST the nominee is warranted because Parshant Kumar Goyal is getting a permanent board seat which could reduce his accountability by disallowing shareholder review for his continued service.
- HSBC Mutual FundA vote AGAINST the nominee is warranted because:• Parshant Kumar Goyal is getting a permanent board seat which could reduce his accountability bydisallowing shareholder review for his continued service.
18 for9 against - Approval for appointment of Shri Dinesh Pant (DIN: 11134993) as Managing Director of the Corporation in terms of Government of India notification dated May 14, 2025.26 for0 against
- Approval for appointment of Shri Ratnakar Patnaik (DIN: 10283908) as Managing Director of the Corporation in terms of Government of India notification dated May 14, 2025.26 for0 against
- Approval for appointment of Secretarial Auditor and fixing their remuneration under Regulation 24A of SEBI (LODR) Regulations, 20151 for0 against
- Approval for material related party transactions of the Corporation with IDBI Bank Limited (IDBI Bank) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.25 for0 against
- Approval for material related party transactions of the Corporation with LIC Housing Finance Limited (LIC HFL) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.24 for0 against
- Approval for material related party transaction of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.24 for0 against
1 abstained
- Approval for appointment of Shri R Doraiswamy (DIN: 10358884) as Chief Executive Officer and Managing Director in terms of Government of India notification dated July 14, 2025.26 for0 against
22 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
- Item 7, as a fund house numbered it1 for0 against
- Item 8, as a fund house numbered it1 for0 against
- Item 9, as a fund house numbered it1 for0 against
- Item 11, as a fund house numbered it1 for0 against
- Item 13, as a fund house numbered it1 for0 against
5) Appoint Mukund M. Chitale & Co as statutory auditor for Corporation for five years from the conclusion of the 2025 AGM and authorize the board to (re)appoint zonal and divisional auditors and fix their remuneration.MoreLess
1 for0 against- 9) Appoint S. N. Ananthasubramanian & Co as secretarial auditors for five years from FY26 and fix their remuneration.1 for0 against
- Accept Consolidated Financial Statements and Statutory Reports2 for0 against
- Accept Standalone Financial Statements and Statutory Reports2 for0 against
Appoint Mukund M. Chitale & Co as statutory auditor for Corporation for five years from the conclusion of the 2025 AGM and authorize the board to (re)appoint zonal and divisional auditors and fix their remunerationMoreLess
4 for0 against- Appoint S. N. Ananthasubramanian & Co as secretarial auditors for five years from FY26 and fix their remuneration4 for0 against
Appointment of M/s. S.N. Ananthasubramanian and Co., Practicing Company Secretaries (Firm Registration Number: P1991MH040400) as Secretarial Auditor of the Corporation, for a term of five (5) consecutive financial years commencing from financial year 2025-26 and upto financial year 2029-30, and such remuneration as may be determined by the Board of Directors of the Corporation (including Audit Committee thereof), from time to time.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
- Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundTransparency Concern: Fee paid to the outgoing auditors not available; hence, it cannot be ascertained as to whether there exists any material change between the proposed fee as against the fee paid to the outgoing auditors.
12 for6 against- Approve Mukund M. Chitale & Co, Chartered Accountants as Joint Auditors and Authorize Board to Fix Their Remuneration2 for0 against
- Approve related party transactions with IDBI Bank Limited in FY26 till the next AGM for a period not exceeding fifteen months2 for0 against
- Approve related party transactions with LIC Housing Finance Limited in FY26 till the next AGM for a period not exceeding fifteen months2 for0 against
- Approve related party transactions with LIC Mutual Fund Asset Management Limited in FY25 till the next AGM for a period not exceeding fifteen months2 for0 against
- Approve S. N. Ananthasubramanian & Co. as Secretarial Auditors and Authorize Board to Fix Their Remuneration2 for0 against
To appoint M/s. Mukund M. Chitale and Co, Chartered Accountants (Firm Registration No. 106655W), as the Joint Auditors of the Corporation to hold office for 5 (five) years, from the conclusion of 4th Annual General Meeting (AGM) of the Corporation till conclusion of the 9th AGM of the Corporation and remuneration, as may be determined by the Board of Directors of the Corporation (including Audit Committee thereof), from time to time.MoreLess
18 for0 against
Mutual fund votes, meeting of 22 Aug 2024, 19 fund houses
17 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Adoption of audited financial statements of the Corporation (standalone and consolidated) for the financial year ended on March 31, 2024, together with the Reports of Directors and Auditors thereon, in terms of Sections 24B, 24C and 25B of the LIC Act, 1956.MoreLess
17 for0 against- Adoption of Annual Report of the Corporation for the financial year ended March 31, 2024, in terms of Section 27 of the LIC Act, 1956.18 for0 against
Confirmation of the payment of interim dividend of Rs. 4 per equity share and approval of declaration of Final Dividend of Rs. 6 per equity share for the Financial Year ended March 31, 2024 as recommended by the Board in terms of Section 28B(1) of the LIC Act, 1956.MoreLess
18 for0 against- Approval for appointment of Mr. Doraiswamy Ramchandran (DIN: 10358884) as Managing Director of the Corporation in terms of Government of India notification dated August 14, 2023.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No issue on merit/ eligibility or competence of appointee. Governance Concern: Shareholders’ approval not sought within 3 months of appointment.
- Zerodha Mutual FundGovernance Concern: Shareholders’ approval not sought within 3 months of appointment.
14 for4 against - Approval for material related party transactions of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.13 for0 against
1 abstained
- Approval for material related party transactions of the Corporation with IDBI Bank Limited (IDBI Bank) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.18 for0 against
- Approval for material related party transactions of the Corporation with LIC Housing Finance Limited (LIC HFL) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.14 for0 against
10 proposals not matched to one resolution
1. Adoption of audited financial statements of the Corporation (standalone and consolidated) for the financial year ended on March 31, 2024, together with the Reports of Directors and Auditors thereon, in terms of Sections 24B, 24C and 25B of the LIC Act, 1956. 2. Adoption of Annual Report of the Corporation for the financial year ended March 31, 2024, in terms of Section 27 of the LIC Act, 1956. 3. Confirmation of the payment of interim dividend of Rs. 4 per equity share and approval of declaration of Final Dividend of Rs. 6 per equity share for the Financial Year ended March 31, 2024 as recommended by the Board in terms of Section 28B(1) of the LIC Act, 1956. 4. Approval for appointment of Auditors and fixing their remuneration under Sections 25(1), (4) and (7) of the LIC Act, 1956. 5. Approval for appointment of Mr. Doraiswamy Ramchandran (DIN: 10358884) as Managing Director of the Corporation in terms of Government of India notification dated August 14, 2023. 6. Approval for material related party transactions of the Corporation with LIC Mutual Fund Asset Management Limited (LIC MF) in terms of relevant provisions of SEBI (LODR) Regulations, 2015. 7. Approval for material related party transactions of the Corporation with IDBI Bank Limited (IDBI Bank) in terms of relevant provisions of SEBI (LODR) Regulations, 2015. 8. Approval for material related party transactions of the Corporation with LIC Housing Finance Limited (LIC HFL) in terms of relevant provisions of SEBI (LODR) Regulations, 2015.MoreLess
1 for0 against4) Appoint V. Sankar Aiyar & Co as statutory auditor for Corporation and appoint ASA & Associates LLP and A K Salampuria & Associates as statutory auditors for zones from the conclusion of FY24 AGM to FY29 AGM and authorize the board to (re)appoint divisional auditors and fix their remuneration.MoreLess
1 for0 against- 6) Approve related party transactions with LIC Mutual Fund Asset Management Limited in FY25 till the next AGM for a period not exceeding fifteen months.1 for0 against
- 8) Approve related party transactions with LIC Housing Finance Limited in FY25 till the next AGM for a period not exceeding fifteen months.1 for0 against
- Accept Financial Statements and Statutory Reports1 for0 against
Appoint V. Sankar Aiyar & Co as statutory auditor for Corporation and appoint ASA & Associates LLP and A K Salampuria & Associates as statutory auditors for zones from the conclusion of FY24 AGM to FY29 AGM and authorize the board to (re)appoint divisional auditors and fix their remunerationMoreLess
3 for0 againstAppointment of M/s V. Sankar Aiyar and Co. (Firm Registration Number. 109208W) as Corporation’s Auditor in place of M/s Batliboi and Purohit, Mumbai (Firm Registration No.: 101048W), the retiring Corporation’s Auditor and Appointment of M/s ASA and Associates LLP (Firm Registration Number. 009571N/N500006) and M/s A K Salampuria and Associates (Firm Registration Number. 004285C) as Auditors for Zones of the Corporation in place of M/s AR and Co., New Delhi (Firm Registration No.: 002744C) and M/s Todi Tulshyan and Co., Patna (Firm Registration No.: 002180C) as approved by the Board of Directors on the recommendation of the Audit Committee for a tenure of 5 years commencing from the conclusion of 3rd AGM till the conclusion of the 8th AGM to be held in the year 2029 and fix their remuneration.MoreLess
13 for0 against- Approve related party transactions with LIC Housing Finance Limited in FY25 till the next AGM for a period not exceeding fifteen months3 for0 against
- Approve related party transactions with LIC Mutual Fund Asset Management Limited in FY25 till the next AGM for a period not exceeding fifteen months3 for0 against
- Approve V. Sankar Aiyar & Co., ASA & Associates LLP and A K Salampuria & Associates as Auditors and Authorize Board to Fix Their Remuneration1 for0 against
Mutual fund votes, meeting of 22 Aug 2023, 14 fund houses
16 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To consider and adopt the audited financial statements of the Corporation (including the consolidated financial statements) for the financial year ended on 31st March, 2023, together with the Reports of Board and Auditors thereon in terms of Sections 24B, 24C and 25B of the Life Insurance Corporation Act, 1956.MoreLess
11 for0 against- To consider and adopt the Annual Report of the Corporation for the financial year ended on 31st March, 2023, in terms of Section 27 of the Life Insurance Corporation Act, 1956.13 for0 against
To consider and declare Final Dividend of Rs.3 per equity share for the Financial Year ended on 31st March, 2023 as recommended by the Board in terms of Section 28B(1) of the Life Insurance Corporation Act, 1956.MoreLess
13 for0 againstTo appoint M/s R. Subramanian and Co. LLP (FRN :004137S/S-200041) and M/s Borkar & Muzumdar (FRN:101569W) as Statutory Auditors of the Corporation for a period of 3 years and 5 years respectively from the conclusion of the 2nd AGM and to fix their remuneration.MoreLess
Against Axis Mutual Fund, Sundaram Mutual Fund, Taurus Mutual Fund
- Axis Mutual Fund, Sundaram Mutual Fund, Taurus Mutual FundLIC has ten joint statutory auditors. R. Subramanian and Co. LLP and Borkar & Muzumdar are being appointed to replace two of the retiring statutory auditors. R. Subramanian and Co LLP have completed two years as divisional auditors of LIC and are being appointed for the remaining term of three years. Borkar & Muzumdar are being appointed for a five-year term. In March 2019, CARE Limited had appointed Borkar & Muzumdar to conduct an enquiry regarding allegations made by whistleblowers. Based on SEBI’s observations of the report issued by Borkar & Mazumdar, we raise concerns regarding deficiencies in the enquiry conducted by the audit firm. Thus, we do not support their appointment as statutory auditors. We expect the corporation to disclose the proposed audit fees. The corporation is also seeking approval to appoint divisional auditors and fix their remuneration. We expect the corporation to disclose the names of divisional auditors and their proposed audit fees.
11 for3 against- To approve the appointment of Mr. Siddhartha Mohanty (DIN: 08058830) as Whole time Chairperson of the Corporation in terms of Government of India’s notification dated 28th April, 2023.
Against Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
- Motilal Oswal Mutual FundNo concern on merit; Delayed Approval as per SES standards
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
11 for3 against To approve the appointment of Mr. Jagannath M. (DIN: 10090437) as the Managing Director of the Corporation in terms of Government of India’s notification dated 13th March, 2023 and up to the date of his attaining superannuation (i.e., May 31, 2025), or until further orders whichever is earlier.MoreLess
Against Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
- Motilal Oswal Mutual FundNo concern on merit; Delayed Approval as per SES standards.
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
11 for3 againstTo Approve appointment of Mr. Tablesh Pandey (DIN: 10119561) as Managing Director of the Corporation in terms of Government of India’s notification dated 13th March, 2023 and up to the date of his attaining superannuation (i.e., May 31, 2025) or until further orders whichever is earlierMoreLess
Against Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
- Motilal Oswal Mutual FundNo concern on merit; Delayed Approval as per SES standards.
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
11 for3 againstTo approve exemption from bifurcation of funds and implementation of surplus distribution policy in three overseas branches of the Corporation viz. LIC UK and LIC Mauritius for F.Y.2022-23 and LIC Fiji for F.Y. 2022.MoreLess
14 for0 against- To approve material Related Party Transactions to be entered into by the Corporation with LIC Mutual Fund Asset Management Limited, in terms of relevant provisions of SEBI (LODR) Regulations, 2015.14 for0 against
- To appoint Dr. Maruthi Prasad Tangirala, (DIN: 03609968) as Government Nominee Director of the Corporation, in terms of Government of India’s notification dated 28th June, 2023.
Against Axis Mutual Fund, HSBC Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund, Taurus Mutual Fund
- Axis Mutual FundDr. Maruthi Prasad Tangirala, 58, is Additional Secretary in the Department of Financial Services, Ministry of Finance, Government of India. He is an officer of the Indian Post & Telegraph Accounts and Finance Service 1990 Batch. He is a government nominee director on the board of LIC. The resolution does not specify a tenure and there is no provision for rotational directors under the LIC Act. We do not support non-rotational board seats for non-executive non-independent directors or any other right that grants permanent directorship to any individual.
- HSBC Mutual FundThe proposed length of term is excessive.
- Nippon India Mutual FundInadequate clarity on tenure
- Sundaram Mutual Fund, Taurus Mutual FundDr. Maruthi Prasad Tangirala, 58, is Additional Secretary in the Department of Financial Services, Ministry of Finance, Government of India. He is an officer of the Indian Post & Telegraph Accounts and Finance Service 1990 Batch. He is a government nominee director on the board of LIC. The resolution does not specify a tenure and it is unclear if he is liable to retire by rotation. We do not support non-rotational board seats for non-executive non-independent directors or any other right that grants permanent directorship to any individual.
9 for5 against To appoint Mr. Sat Pal Bhanoo as Managing Director of the Corporation in terms of Government of India’s notification dated 19th July, 2023 and up to the date of his attaining superannuation (i.e., December 31, 2025) or until further orders whichever is earlierMoreLess
14 for0 against
5 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Accept Financial Statements and Statutory Reports1 for0 against
- Adoption of annual report for the year ended 31 March 20231 for0 against
- Adoption of standalone and consolidated financial statements for the year ended 31 March 20231 for0 against
Mutual fund votes, meeting of 27 Sep 2022, 13 fund houses
31 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To consider and adopt the audited financial statementsnof the Corporation (including the consolidated financialnstatements) for the financial year ended on March 31,n2022, together with the Reports of Board and Auditorsnthereon, in terms of Sections 24B, 24C and 25B of thenLIC Act, 1956MoreLess
12 for0 against- To consider and adopt the Annual Report of the Corporationnfor the financial year ended March 31, 2022, in terms ofnSections 24C and 27 of the LIC Act, 1956.12 for0 against
- To consider and declare Final Dividend of Rs. 1.50 pernequity share for the Financial Year ended March 31, 2022nas recommended by the Board in terms of Section 28B(1)nof the LIC Act, 1956.13 for0 against
- To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Dr. Ranjan Sharma (DIN: 09573799) as an IndependentnDirector:
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
12 for1 against - To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. Vinod Kumar Verma (DIN: 09309031) as annIndependent Director:
Against Mirae Asset Mutual Fund, Nippon India Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
11 for2 against - To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Prof. Anil Kumar (DIN: 09477565) as an IndependentnDirector:
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
12 for1 against - To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Ms. Anjuly Chib Duggal (DIN: 05264033) as annIndependent Director:
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
12 for1 against - To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. Gurumoorthy Mahalingam (DIN: 09660723) as annIndependent Director:
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
12 for1 against - To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. Raj Kamal (DIN: 07653591) as an IndependentnDirector:
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
12 for1 against - To consider and, if thought fit, to pass the followingnresolution as a SPECIAL RESOLUTION for appointmentnof Mr. V.S. Parthasarathy (DIN: 00125299) as annIndependent Director
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
12 for1 against - To consider and, if thought fit, to pass the following resolution as a SPECIAL RESOLUTION for appointment of Mr. M.P. VijaynKumar (DIN: 05170323) as an Independent Director:
Against Mirae Asset Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
- SBI Mutual FundM.P. Vijay Kumar, 53, is the CFO of Sify Technologies Limited, a company listed on Nasdaq Stock Exchange. Previously, he worked for the Investment banking subsidiary of Sundaram Finance Limited for over seven years and was a Chartered Accountant in practice for over eight years. We believe that, as CFO of Sify Technologies Limited, his responsibilities are equivalent to a whole-time directorship: given their full-time responsibilities, regulations allow whole-time directors of listed companies to be independent directors in a maximum of three listed companies. M P Vijay Kumar is already an Independent Director on three listed company boards – LIC would be the fourth. His high number of directorships in listed entities is not in keeping with the spirit of the regulation. We do not support his appointment on account of over-boarding.
9 for3 against - To consider and, if thought fit, to pass the following resolution as a SPECIAL RESOLUTION for appointment of Mr. SanjeevnNautiyal (DIN: 08075972) as an Independent Director::
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
11 for1 against - To appoint Auditors and fix their remuneration and, in that behalf, to consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION9 for0 against
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment ofnMr. M.R. Kumar (DIN: 03628755) as Whole timenChairperson of the Corporation13 for0 against
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment ofnMr. Suchindra Misra (DIN: 01873568) as GovernmentnNominee Director of the Corporation:n
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
12 for1 against - To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment ofnMr. Raj Kumar (DIN: 06627311) as Managing Director ofnthe Corporation13 for0 against
- To consider and, if thought fit, to pass the followingnresolution as an ORDINARY RESOLUTION fornappointment of Mr. Siddhartha Mohanty (DIN: 08058830)nas Managing Director of the Corporation:13 for0 against
- To consider and, if thought fit, to pass the followingnresolution as an ORDINARY RESOLUTION fornappointment of Ms. Mini Ipe (DIN: 07791184) as ManagingnDirector of the Corporation13 for0 against
- To consider and, if thought fit, to pass the following resolutionnas an ORDINARY RESOLUTION for appointment of Mr.nBishnu Charan Patnaik (DIN: 08384583) as ManagingnDirector of the Corporation13 for0 against
- To consider, and if thought fit, to pass the followingnresolution as an ORDINARY RESOLUTION for approvalnof related party transactions of the Corporation1 for0 against
11 proposals not matched to one resolution
- 13) Approve reappointment of statutory auditors for their remaining tenures and authorize the board to fix their remuneration.1 for0 against
- 20) Approve related party transactions with LIC Mutual Fund Asset Management Limited aggregating Rs. 400.0 bn in FY23 and till the next AGM.1 for0 against
- Accept Annual Report1 for0 against
- Accept Financial Statements and Statutory Reports1 for0 against
- Approval of related party transactions with LIC Mutual Fund Limited for the purpose of purchase and redemption for a transaction value of Rs 20,000 crore during the financial year 2022-23.8 for0 against
- Approve reappointment of statutory auditors for their remaining tenures and authorize the board to fix their remuneration2 for0 against
- Approve related party transactions with LIC Mutual Fund Asset Management Limited aggregating Rs. 400.0 bn in FY23 and till the next AGM2 for0 against
- Elect M.P. Vijay Kumar as Director1 for0 against
- Elect Sanjeev Nautiyal as Director1 for0 against
To appoint/reappoint Auditors i.e.(ABM & Associates LLP, R.G.N. Price & Co., Batliboi & Purohit, A R & Co., Todi Tulsyan & Co., Ramamoorthy (N) & Co, Ray & Ray, Chokshi & Chokshi LLP, B C Jain & Co. and Rama K Gupta & Co) as Statutory Central Auditors of the Corporation for the terms and on the other terms and conditions and remuneration as approved by the Board of Directors on the recommendation of the Audit CommitteeMoreLess
1 for0 againstTo Authorize Board of Directors for entering into and/or carrying out and/ or continuing with contracts/arrangements/transactions (whether individual transaction or transactions taken together or series of transactions or otherwise) with LIC Mutual Fund Limited, Associate (Purchase and redemption value of Rs.20,000 crores each) notwithstanding the fact that all such transactions during the financial year 2022-23 and upto the date of the next annual general meeting of the Corporation for a period not exceeding fifteen months, may exceed Rs. 1,000 crore or 10% of the annual consolidated turnover as per the Corporation’s last audited financial statements, whichever is lower, or any other materiality threshold as may be applicable under law/ regulations from time to time, provided however, that the contracts/arrangements/ transactions shall be carried out at an arm’s length basis and in the ordinary course of business of the CorporationMoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyLIC Lanka Ltd. - Central Bank of Sri LankaSince 7 Jul 2026₹0.03 Cr
Penalty imposed by FIU
Non-Compliance with the Financial Transactions Reporting Act No 6 of 2006 and the Insurers (Customer Due Diligence Rules) No 01 of 2019 - Fine or penaltyMuncipal Council, Malout Government of PunjabSince 29 Jul 2026₹46,510
Yearly Notices not received from Authority
Non-receipt of Yearly Notices through muncipal authority on letour space of BO Malout Jalandar - Fine or penaltyBhuvneshwar Income Tax AuthoritiesSince 22 Aug 2026₹2,820
Delay in e-filing/payment
Delay in e-filing - Fine or penaltyIndore Income Tax AuthoritySince 22 May 2026₹29,720
Delay in e-filing
- Fine or penaltyTrivandram Income Tax AuthoritySince 13 Jul 2026₹458
Intimation under Section 154 of IT Act, 1961
Short Deductiion/Collection (Tax borne by Corporation towards Preventive Health Checkup Perks) - Tax disputeJoint Commissioner (Appeals), Dehradun, UttarakhandSince 30 Apr 2024Order in Appeal Received on 23.07.2026At the filing before: Appeal filed before Commissioner (Appeals) on 26.07.2024
- Tax disputeJoint Commissioner (Appeals), Dehradun, UttarakhandSince 30 Dec 2023Order in Appeal Received on 23.07.2026At the filing before: Appeal filed before Commissioner (Appeals) on 26.03.2024
- Tax disputeJoint Commissioner (Appeals), Dehradun, UttarakhandSince 31 Aug 2024Order in Appeal Received on 23.07.2026At the filing before: Appeal filed before Commissioner (Appeals) on 29.11.2024
48 more
- Tax disputeJoint Commissioner (Appeals), Bengaluru, KarnatakaSince 27 Aug 2024Order in Appeal Received on 28.08.2026At the filing before: Appeal filed before Commissioner (Appeals) on 22.11.2024
- Tax disputeJoint Commissioner of State Tax -MaharashtraSince 6 Feb 2026Order in Appeal Received on 30.09.2026At the filing before: Rectification Applcation filed on 27.01.2026. Rectification of Mistake Order received on 06.02.2026. Appeal filed with Commissioner Appeals on 05.03.2026.
- Tax disputeCommissioner (Appeals): JAMSHEDPUR:RANCHI: CBICSince 29 Oct 2024Writ withdrawn on 30.07.2026At the filing before: Appeal Filed before GSTAT on 22.06.2026
- Tax disputeCommissioner (Appeals), JharkhandSince 13 Jan 2023Writ withdrawn on 11.08.2026At the filing before: Appeal Filed before GSTAT on 18.06.2026
- Tax disputeAdditional Commissioner State Tax (Appeal), Central Division, PatnaSince 13 Jan 2023Writ withdrawn on 11.08.2026At the filing before: Appeal Filed before GSTAT on 18.06.2026
- Tax disputeAdditional Commissioner (Appeals), TelanganaSince 30 Dec 2023Order in Appeal Received on 09.09.2026At the filing before: Appeal filed before Commissioner (Appeals) on 27.03.2024
- Tax disputeJoint Commissioner (Appeals), Bengaluru, KarnatakaSince 21 Jan 2026Order in Appeal Received on 31.08.2026At the filing before: Appeal Filed before Joint Commissioner (Appeals) on 24.03.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 4 Feb 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 4 Feb 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 4 Feb 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 18.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner, CGST & CEX. LucknowSince 28 Jan 2025Appeal Filed before GSTAT on 19.08.2026At the filing before: Order in appeals recd dated 20.05.2026
- Tax disputeAdditional Commissioner (Appeals), TelanganaSince 1 Aug 2023Order in Appeal Received on 19.09.2026At the filing before: Appeal filed before Commissioner (Appeals) on 28.10.2023
- Tax disputeAdditional Commissioner (Appeals), TelanganaSince 1 Aug 2023Order in Appeal Received on 19.09.2026At the filing before: Appeal filed before Commissioner (Appeals) on 28.10.2023
- Tax disputeJoint Commissioner of State Tax (Appeals) MaharashtraSince 21 Jan 2022Order in Appeal Received on 07.09.2026At the filing before: Appeal filed before Commissioner (Appeals) on 23.03.2022
- Tax disputeJoint Commissioner of State Tax (Appeals) MaharashtraSince 21 Jan 2022Order in Appeal Received on 07.09.2026At the filing before: Appeal filed before Commissioner (Appeals) on 16.03.2022
- Tax disputeCustoms, Excise and Service Tax Appellate Tribunal (CESTAT) , MumbaiSince 27 Apr 2018Order from CESTAT received on 04.08.2026At the filing before: Appeal filed before CESTAT in 2019
- Tax disputeAssessment Unit, Income Tax Department, NFACSince 20 Oct 2022
Order u/s 250 of Income Tax Act, 1961 passed by Commissioner of Income Tax (Appeals) [CIT (A)], on 01-07-2026, for AY 2020-21 under appeal no. NFAC/2019-20/10196076 filed by the Corporation. Appeal filed before Income Tax Appellate Tribunal (ITAT) on 03-09-2026 against the disallowances not allowed by CIT(A).MoreLess
At the filing before: Undergoing Hearing - Tax disputeAssessment Unit, Income Tax Department, NFACSince 19 Oct 2023
Order u/s 250 of Income Tax Act, 1961 passed by Commissioner of Income Tax (Appeals) [CIT (A)] on 20-07-2026 for AY 2018-19 under appeal no. NFAC/2017-18/10296887 filed by the Corporation. CIT(A) confirmed the penalty against the Corporation. Appeal filed before Income Tax Appellate Tribunal (ITAT) on 03-09-2026 against the confirmastion of penalty by CIT(A).MoreLess
At the filing before: Undergoing Hearing - Tax disputeAssessment Unit, Income Tax Department, NFACSince 19 Jan 2023
Order u/s 250 of Income Tax Act, 1961 passed by Commissioner of Income Tax (Appeals) [CIT (A)], on 14-08-2026, for AY 2021-22 under appeal no. NFAC/2020-21/10213184 filed by the Corporation. Appeal to be filed before Income Tax Appellate Tribunal (ITAT) against the disallowances not allowed by CIT(A). Order passed by CIT (A) on 14-08-2026.MoreLess
At the filing before: Undergoing Hearing
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
At most 26 complaints open, quarter to Sep 2025.
- The board is made up as the listing rules require
- No
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.