Key Event

Shri Sunil Agrawal, Chief Financial Officer and Key Managerial Personnel of Life Insurance Corporation of India, has resigned from his position. The resignation was submitted via letter dated June 24, 2026.

Effective Date

The resignation will be effective from the close of business hours on July 14, 2026. On this date, he will cease to be Chief Financial Officer and Key Managerial Personnel of the Corporation.

Reason for Resignation

As stated in both the corporate disclosure and the resignation letter, Agrawal is resigning "to pursue better prospects."

Corporate Acknowledgement

The Corporation has placed on record its sincere appreciation for Agrawal's valuable contributions during his tenure and wishes him the very best in his future endeavours.

Additional Request from Resignee

In his resignation letter dated June 24, 2026 (Reference S.R. Number - 417296), Agrawal requested that a relieving letter reflecting his service and experience period be issued upon his release from responsibilities.

Dissemination

The disclosure was submitted to both BSE Limited and The National Stock Exchange of India Ltd. on June 24, 2026. A copy has been made available on the corporation's website at www.licindia.in.