LIC to hold first AGM on Sept 27 via video-conference, other AV means

LIC Board sets August 26 as record date for dividend payment, approves investment in proposed rights issue of LIC (Nepal) Ltd

LIC
Photo: Bloomberg.
BS Reporter Mumbai
1 min read Last Updated : Jul 05 2022 | 12:59 AM IST
Insurance behemoth, Life Insurance Corporation (LIC), will hold its first annual general meeting on September 27, 2022 via video conferencing and other audio visual means.

In a notification to the stock exchanges post its board meeting, LIC said, “The 1st annual general meeting of the corporation will be held on 27th September, 2022 (Tuesday) at 14:30 hrs and the mode of convening AGM will be video Conference/other audio visual means.”

The board of the insurance behemoth also approved the record date for dividend payment as August 26. It also gave a go-ahead for investing in the proposed rights issue of LIC (Nepal) Ltd worth NPR 127.07 crore (INR 80.67 Crore) approximately, subject to the prevalent exchange rate) for infusing capital in LIC (Nepal) Ltd.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Life Insurance CorporationAnnual General MeetingsAGMsLIC policyStock exchangesBoard meetingNepaldividends

Next Story