Change in Director / Key Managerial Personnel
Nature of change: Cessation due to voluntary retirement
Name and DIN of the individual: Shri Dinesh Pant (DIN not disclosed in filing)
Effective date and tenure: Cessation effective September 24, 2026 after close of the day. Term of appointment not disclosed.
Brief profile and relevant qualifications: Not provided in the disclosure as this is a cessation event.
Confirmation of eligibility: No specific mention of SEBI/BSE/NSE norm eligibility in the filing.
Relationship with other directors: Not disclosed in the filing.
Previous KMP: Shri Dinesh Pant was the Managing Director and Key Managerial Personnel prior to his voluntary retirement.
Committee positions: Consequent to his cessation, Shri Dinesh Pant ceases to be:
- Chairperson of the Information Technology Strategy Committee
- Member of the Executive Committee
- Member of the Investment Committee
Approval authority: The voluntary retirement was approved by the Government of India vide notification Ref: F. No. A-11011/08/2026-Ins. I dated September 24, 2026.
Key Financial or Operational Approvals
This section does not apply to this disclosure as it primarily concerns a management change rather than financial approvals.
Strategic or Business Context
This section does not apply to this disclosure as no strategic or business context was provided regarding the management change.
Any Other Material Information
Regulatory compliance: Disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). This is a continuation of earlier filing Ref. No: LIC/SE/2026-27/56 dated June 16, 2026.
Filing details:
- Ref. No.: LIC/SE/2026-27/99
- Date: September 25, 2026
- Filed with: BSE Limited and National Stock Exchange of India Ltd.
Annexure details: Annexure-1 provides the required disclosure pursuant to Regulation 30 of the Listing Regulations read with Para A of Schedule III, containing:
- Reason for change: Cessation due to voluntary retirement
- Date of cessation: September 24, 2026
- Brief profile: Not applicable (cessation event)
- Relationships between directors: Not applicable
Company representative: The filing was signed by Anshul Kumar Singh, Company Secretary & Compliance Officer of Life Insurance Corporation of India.
Public disclosure: A copy of this intimation has been made available on the company website at www.licindia.in.