BSECompany Update13h ago · 25 Sept 2026, 10:27 pm

This is to inform that the Government of India has approved the Voluntary retirement of Shri Dinesh Pant, Managing Director of the Corporation.

Life Insurance Corporation of India · 543526

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Life Insurance Corporation of India (LIC) has informed that the Government of India has approved the voluntary retirement of Shri Dinesh Pant, Managing Director, effective September 24, 2026.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Life Insurance Corporation of India - 543526 - General Updates

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Ref. No.: LIC/SE/2026-27/100 Date: September 25, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, Floor, Plot C/1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai-400001. Mumbai-400051. Scrip Code: 543526 Symbol: LICI Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) In continuation of earlier filing vide Ref. No: LIC/SE/2026-27/56 dated June 16, 2026, this is to inform that the Government of India, vide notification Ref: F. No. A-11011/08/2026-Ins. I dated September 24, 2026, has approved the voluntary retirement of Shri Dinesh Pant, Managing Director and Key Managerial Personnel (“KMP”) of Life Insurance Corporation of India (“the Corporation”), with effect from the date of issue of said notification. Accordingly, Shri Dinesh Pant has been relieved from the services of the Corporation on account of his voluntary retirement and has ceased to be the Managing Director and KMP with effect from September 24, 2026 after close of the day. Consequent to the above, Shri Dinesh Pant, ceases to be the Chairperson of the Information Technology Strategy Committee. Accordingly, he also ceases to be the member of the Executive Committee and Investment Committee. The details as required under Regulation 30 of the Listing Regulations read with circulars issued thereunder, from time to time, are enclosed as Annexure – 1. Please take the above information on record and arrange for dissemination. A copy of this intimation is also being made available on the website of the Corporation at www.licindia.in. Yours faithfully, For Life Insurance Corporation of India (Anshul Kumar Singh) Company Secretary & Compliance Officer Encl.: a/a Annexure - 1 Disclosure required pursuant to Regulation 30 of the Listing Regulations read with Para A of Schedule III to the Listing Regulations and the circulars issued thereunder, from time to time, with regard to change in Key Managerial Personnel is given hereunder: S. No. Particulars Information of such event 1 Reason for change viz. Cessation, Cessation of Shri Dinesh Pant as Manager Director Appointment, Resignation, Removal, (KMP) on account of his voluntary retirement from the Superannuation, Death or Otherwise services of the Corporation. 2 Date of Appointment / Cessation & September 24, 2026. Term of appointment 3 Brief Profile (in case of appointment) Not Applicable 4 Disclosure of relationships between Not Applicable directors (in case of appointment of a director) IILIC LIFE INSURANCE CORPORATION or INOlA Ref No.: LIC/SE/2026-27/56 Date: Jnne 16, 2026. The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 th Floor, Plot C/1, Dalal Street, G Block, Bandra Kmla Complex, Murnbai-400001 Murnbai-400051 Scrip Code: 543526 Scrip Code: LIC I Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015 {"Listing Regulations") Pursuant to Regulation 30 of Listing Regulations, this is to inform that Depattment of Financial Services, MinistJ.y ofFinance, Government oflndia, vi.de Notification F .No.R-12011/01/2025-Ins-I dated June 15, 2026 has appointed Shri Dinesh Pant, Managing Director, Key Managerial Personnel ("KMP") of Life Insurance Co1poration of India ("the Corporation") as a Whole Time Member (Actuaiy), Insurance Regulatory and Development Authority of India for a period of five yeai·s from the date of assumption of chat·ge of the post, or till attaining the age of 65 yeai·s, or until further orders, whichever is the earliest. Please take the above info1mation on record and atTange for dissemination. A copy of this intimation is also being made available on the website of the Corporation at www.licindia.in Yours faithfully, For Life Insmance Corporation of India ANSHUL AD ~NQ "Si ;Ht ;a U~l~ L \ s K'g :L6n Me :Ad .R :b S ) 1' 1'«3H KUMAR SINGH (Anshul Kumar Singh) Company Secretary & Compliance Officer Central office. ..Y ogakshema. .. Jeevan Sima Marg, Mumbai -400 021.