Key Dates

  • Cut-off date for determining voting rights: July 21, 2026
  • Remote e-voting period: July 23, 2026, at 9:00 AM IST to July 26, 2026, at 5:00 PM IST
  • AGM date: July 27, 2026, at 11:00 AM IST

Voting Participation

  • Total number of members as on cut-off date: 2,163,219
  • Members attended the AGM via video conferencing:
  • Promoter and promoter group: 1 member
  • Public: 175 members

E-Voting Process

  • Remote e-voting was provided through National Securities Depository Limited (NSDL).
  • E-voting facility was also available during the AGM for members who did not vote remotely.
  • Scrutinizer: M/s. S.N. Ananthasubramanian & Co., Company Secretaries, represented by Smt. Aparna Gadgil (or Shri S.N. Viswanathan in absence).

Resolutions and Voting Results

All seven ordinary resolutions were passed with requisite majority. The details are as follows:

Resolution 1: Adoption of audited standalone financial statements for the financial year ended March 31, 2026

  • Total votes polled: 12,386,651,663
  • Votes in favour: 12,386,637,963 (99.9999%)
  • Votes against: 13,700 (0.0001%)

Resolution 2: Adoption of audited consolidated financial statements for the financial year ended March 31, 2026

  • Total votes polled: 12,386,650,749
  • Votes in favour: 12,386,637,084 (99.9999%)
  • Votes against: 13,665 (0.0001%)

Resolution 3: Adoption of Annual Report for the financial year ended March 31, 2026

  • Total votes polled: 12,386,651,065
  • Votes in favour: 12,386,637,487 (99.9999%)
  • Votes against: 13,578 (0.0001%)

Resolution 4: Declaration of final dividend of ₹10 per equity share of face value ₹10 each for FY2025-26

  • Total votes polled: 12,386,663,192
  • Votes in favour: 12,386,652,482 (99.9999%)
  • Votes against: 10,710 (0.0001%)

Resolution 5: Appointment of Zonal and Divisional Auditors and fixing their remuneration

  • Total votes polled: 12,386,662,945
  • Votes in favour: 12,386,645,319 (99.9999%)
  • Votes against: 17,626 (0.0001%)

Resolution 6: Appointment of Shri Sanjay Lohiya (DIN: 07151125) as Government Nominee Director

  • Total votes polled: 12,386,553,473
  • Votes in favour: 12,337,130,670 (99.6010%)
  • Votes against: 49,422,803 (0.3990%)

Resolution 7: Approval of material related party transactions with LIC Mutual Fund Asset Management Limited

  • Due to SEBI Regulation 23(4), votes from related parties were treated invalid.
  • Invalid votes: 12,207,245,562 (from Central Government, promoter) and 1,794 (from Directors and KMPs)
  • Total valid votes polled: 179,114,374
  • Votes in favour: 179,095,265 (99.9893%)
  • Votes against: 19,109 (0.0107%)

Scrutinizer Report

  • The scrutinizer, M/s. S.N. Ananthasubramanian & Co., confirmed that the voting process was fair and transparent.
  • The consolidated report dated July 27, 2026, was submitted, affirming the results.

Additional Information

  • The notice of AGM was dispatched via email on July 3, 2026, to 2,103,100 members, and physical letters with web links were sent to 85,876 members on July 4, 2026.
  • The voting results are available on the company's website at https://licindia.in.