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NEW DELHI: The board of administrators of the state-owned Life Insurance coverage Company of India (LIC) is scheduled to satisfy on the finish of this month to declare the monetary outcomes for the fiscal yr ended March 2022.
It’s knowledgeable {that a} assembly of the Board of Administrators of the Company is scheduled to be held on Could 30, 2022, LIC mentioned in a regulatory submitting on Tuesday.
The insurance coverage behemoth, which was listed on the bourses earlier this month on Could 17, mentioned the board will take into account and approve the audited monetary outcomes (standalone and consolidated) for the quarter and yr ended March 31, 2022.
The assembly may even take into account cost of dividend, if any, LIC mentioned.
The a lot sought-after IPO (preliminary public supply) of LIC made its debut at round 8 per cent lower than its challenge value, in a uneven market situation primarily due to the geopolitical tensions arising out of the Russia-Ukraine conflict.
LIC shares had been listed 8.11 per cent low cost at Rs 872 per share on NSE on Could 17, as in opposition to its challenge value of Rs 949 per share.
The LIC scrip was buying and selling 1.12 per cent up at Rs 826 apiece on BSE.
It’s knowledgeable {that a} assembly of the Board of Administrators of the Company is scheduled to be held on Could 30, 2022, LIC mentioned in a regulatory submitting on Tuesday.
The insurance coverage behemoth, which was listed on the bourses earlier this month on Could 17, mentioned the board will take into account and approve the audited monetary outcomes (standalone and consolidated) for the quarter and yr ended March 31, 2022.
The assembly may even take into account cost of dividend, if any, LIC mentioned.
The a lot sought-after IPO (preliminary public supply) of LIC made its debut at round 8 per cent lower than its challenge value, in a uneven market situation primarily due to the geopolitical tensions arising out of the Russia-Ukraine conflict.
LIC shares had been listed 8.11 per cent low cost at Rs 872 per share on NSE on Could 17, as in opposition to its challenge value of Rs 949 per share.
The LIC scrip was buying and selling 1.12 per cent up at Rs 826 apiece on BSE.
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