Bonus Issue: PSU Stock jumps 7% after company announces bonus shares

Synopsis:- Shares surged up to 7% after a board meeting scheduled on April 13, 2026, to consider a bonus issue. The stock traded near ₹790 with a market cap of ₹4.99 lakh crore. With 21 lakh retail shareholders, the move signals potential shareholder reward alongside steady operational performance.

The shares of one of the largest insurance companies in India gained up to  7 percent in today’s trading session after the company scheduled a meeting to consider and recommend a proposal for the issue of bonus shares.

With a market capitalisation of Rs 4,99,991.07 crore, the shares of Life Insurance Corporation of India were trading at Rs 790.50 per share, increasing around 6.34 percent as compared to the previous closing price of Rs 743.35 apiece.

Bonus Meeting

The shares of Life Insurance Corporation of India have seen positive movement after the company is scheduled to be held on Monday, April 13, 2026, to inter alia consider and recommend a proposal for the issue of Bonus shares in accordance with the applicable provisions, subject to the approval of the shareholders of the Corporation. 

Financial Highlights

The company reported a strong performance, with revenue increasing 16% from ₹203,751 crore to ₹235,954 crore in Q3FY26. Profit rose 17% from ₹11,009 crore to ₹12,908 crore, slightly ahead of revenue growth, indicating improved efficiency and margin expansion, reflecting a healthy and consistent earnings momentum.

Over the period from Dec 2024 to Dec 2025, operating performance remained steady with gradual improvement. Operating profit increased from ₹11,934 crore in Dec 2024 to ₹12,366 crore in Dec 2025, despite some quarterly fluctuations. OPM stayed largely stable in the 4–6% range, indicating consistent cost management and stable operating efficiency throughout the year.

Life Insurance Corporation of India (LIC) delivered a steady performance in 9MFY26, with total premium income rising 9.02% to ₹3,71,293 crore. Group premium grew 13.56%, while individual new business increased 5.89%. Renewal premium remained strong, though market share saw a slight decline, indicating rising competition despite overall business growth momentum.

Life Insurance Corporation of India (LIC) is the country’s largest life insurer, offering a wide range of insurance and investment products. With a strong distribution network and deep customer trust, LIC plays a crucial role in financial protection and long-term savings for millions of individuals across India.

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