Life Insurance Corporation of India: CFO Shri Shatmanyu Shrivastava to Superannuate on Sep 30, 2026
Shri Shatmanyu Shrivastava, Chief Financial Officer of Life Insurance Corporation of India, will superannuate on September 30, 2026. This marks a change in Key Managerial Personnel for the corporation.
The superannuation of a CFO is a planned event and a common occurrence in corporate governance. Unless there are specific concerns about succession planning or immediate impact on financial operations, the impact is typically considered low.
The announcement is a routine disclosure regarding the superannuation of a Key Managerial Personnel, which is a standard corporate event and does not inherently carry a positive or negative financial implication for the company.
Life Insurance Corporation of India (LIC) has informed exchanges that Shri Shatmanyu Shrivastava, the Chief Financial Officer (CFO) and a Key Managerial Personnel (KMP), will be superannuating from his position effective September 30, 2026, after the close of office hours.
The disclosure regarding this change in Key Managerial Personnel was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also stated that the details required under the said regulations are enclosed as Annexure-1. The corporation has also made a copy of this intimation available on its website, www.licindia.in.
The reason for the cessation of Shri Shatmanyu Shrivastava as CFO is his superannuation, with the effective date being September 30, 2026. His brief profile and any disclosure of relationships between directors were noted as not applicable in this context.
What to do with a filing like this
Life Insurance Corporation Of India filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
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.