BSECompany Update1d ago · 18 Aug 2026, 06:13 pm
This is to inform that Shri Madhu V S, General Manager, Nairobi has been re-designated as Additional Director, Management Development Centre, Mumbai.
Life Insurance Corporation of India · 543526
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Life Insurance Corporation of India has announced the re-designation of Shri Madhu V S as Additional Director, Management Development Centre, Mumbai, effective August 17, 2026.
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Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Change in Management
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Ref. No.: LIC/SE/2026-27/89 Date: August 18, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1,
Dalal Street, G Block, Bandra Kurla Complex,
Mumbai- 400001. Mumbai – 400051.
Scrip Code: BSE – 543526 Scrip Code: NSE – 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, this is to inform that Shri Madhu V. S., General Manager
(Life)(Foreign), Nairobi (Kenya) has been re-designated as Additional Director, Management Development
Centre, Mumbai. Consequently, the Officer falls under the definition of Senior Management Personnel (“SMP”)
of the Life Insurance Corporation of India (“the Corporation”).
The details as required under Regulation 30 of the Listing Regulations read with circulars issued thereunder,
from time to time, is 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
Senior Management Personnel is given hereunder:
S. No. Particulars Information of such event
1 Reason for change viz. Re-designation of Shri Madhu V. S. as Additional Director,
Re-designation, Appointment, Management Development Centre, Mumbai
Resignation, Removal, Death or
Otherwise
2 Date of Re-designation, August 17, 2026
Appointment / Cessation &
Term of appointment
3 Brief Profile (in case of Shri Madhu V. S. joined the Life Insurance Corporation of India
appointment) in the year 1992 as an Assistant Administrative Officer. He is a
B.Sc. Graduate and Fellow of the Insurance Institute of India.
In his career spanning 34 years in the Corporation, he has worked
in various capacities in both administrative and marketing wings
at various offices in South Zone, South Central Zone. He has also
served as a Resident Manager, Gulf Insurance Agencies at Oman
Prior to taking over charge as Additional Director, Management
Development Centre, on August 17, 2026, he has served as
General Manager (Life) at Nairobi (Kenya) since June 2023.
4 Disclosure of relationships Not applicable
between directors (in case of
appointment of a director)