BSECompany Update31 Jul 2026 · 31 Jul 2026, 08:37 pm

This is to inform that the Corporation has received a demand order for GST, Interest and Penalty for Uttar Pradesh State.

Life Insurance Corporation of India · 543526

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Life Insurance Corporation of India (LIC) has received a demand order for Goods & Service Tax, Interest and Penalty for Uttar Pradesh State, totaling INR 95,23,84,119. The order is appealable before the GST Appellate Tribunal.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Life Insurance Corporation of India - 543526 - Demand Order For GST, Interest And Penalty

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Ref. No.: LIC/SE/2026-27/76 Date: July 31, 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 Scrip Code: LICI 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 the Listing Regulations, it is to inform that the Life Insurance Corporation of India (“the Corporation”) has received a communication/ demand order for Goods & Service Tax, Interest and Penalty for Uttar Pradesh State. The order is appealable before the GST Appellate Tribunal. The details as required under Regulation 30 of the Listing Regulations are as below: Name of the authority(s) Commissioner Appeals CGST & Central Excise, Allahabad Demand of GST, interest and penalty for F.Y. 2018-19, 2019- Nature and details of the action(s) 20, 2020-21 GST – INR 95,23,84,119/- Interest – As Applicable Penalty - INR 95,23,84,119/- Date of receipt of communication from the July 31, 2026 authority Details of the violation(s)/contravention(s) Excess ITC claimed and Short Tax paid committed or alleged to be committed Impact on financial, operation or other The financial impact of the demand is to the extent of the GST, activities of the listed entity, quantifiable in Interest and Penalty. There is no material impact on financials, monetary terms to the extent possible. operations or other activities of the Corporation. Kindly note that intimation reference LIC/SE/2026-27/75 was inadvertently uploaded though the said information was already disseminated to the stock exchanges earlier. 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