LICI Recommends Final Dividend of ₹10/Share for FY26; AGM on July 27
LICI recommends a final dividend of ₹10 per equity share for FY25-26. The dividend payment is contingent on shareholder approval at the AGM on July 27, 2026. The record date for the dividend is June 25, 2026, with payment expected by August 25, 2026. Shareholders must comply with TDS regulations by June 24, 2026.
The dividend announcement and the associated TDS information are relevant to shareholders, impacting their net dividend receipts. The details provided are procedural but important for compliance.
The announcement of a final dividend is a positive signal for shareholders, indicating the company's profitability and commitment to returning value.
Life Insurance Corporation of India (LICI) has announced its final dividend recommendation of ₹10 per equity share for the financial year 2025-26. This recommendation is subject to the approval of the shareholders at the 5th Annual General Meeting (AGM) scheduled for Monday, July 27, 2026.
The final dividend will be paid within 30 days of the AGM approval, on or before August 25, 2026. The dividend will be paid to eligible members whose names appear in the Register of Members or Beneficial Owners as of the Record Date, which is fixed for Thursday, June 25, 2026.
The company has also provided detailed communication to its members regarding Tax Deduction at Source (TDS) on the final dividend. This communication explains the process and documentation required to determine the appropriate tax deduction while making the dividend payment, considering various shareholder categories and their residential status as per the Income Tax Act, 2025. Shareholders are advised to submit necessary forms and documents by June 24, 2026, to avail of lower tax rates or exemptions.
What to do with a filing like this
Life Insurance Corporation Of India filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Life Insurance Corporation Of India. Read the original for the full detail.