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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
45 announcements match the current filters (relevance ≥ 5).
LICI Receives GST Demand Order for ₹1569.97 Cr in Maharashtra
Life Insurance Corporation of India (LICI) has received a demand order for Goods & Service Tax, interest, and penalty for Maharashtra State. The GST demand is ₹1382.52 crore, the interest is ₹849.57 crore, and the penalty is ₹138.25 crore, totaling approximately ₹2370.34 crore. The demand pertains to FY 2021-22 to 2023-24 and relates to excess Input Tax Credit (ITC) claimed. LICI has the option to appeal the order before the Commissioner (Appeals), Mumbai. While the financial impact is significant, the company states that there is no material impact on operations or other activities.
Key Highlights
GST demand of ₹1382.52 crore for FY 2021-22 to 2023-24
Interest demand of ₹849.57 crore
Penalty of ₹138.25 crore
Total demand (GST + Interest + Penalty) is approximately ₹2370.34 crore
Demand relates to excess Input Tax Credit (ITC) claimed
👀 What to Watch
Investors should monitor LICI's appeal process and any potential impact on future earnings. While the company claims no material impact on operations, the large amount could affect profitability if the appeal is unsuccessful.
LICI appoints Shalini Pandit as Govt Nominee Director w.e.f. Dec 03, 2025
Life Insurance Corporation of India (LICI) announced the appointment of Ms. Shalini Pandit, Joint Secretary, Department of Financial Services, Ministry of Finance, as Government Nominee Director on the Board, effective December 03, 2025. This appointment is in place of Dr. Parshant Kumar Goyal, who ceases to be the Government Nominee Director from the same date. Ms. Pandit's appointment is until her superannuation or further orders, as per Notification No. eF. No. 6/2(i)/2022-BO.I dated December 03, 2025. The notification was received by the Corporation on December 05, 2025.
Key Highlights
Shalini Pandit appointed as Government Nominee Director w.e.f. December 03, 2025
Dr. Parshant Kumar Goyal ceases to be the Government Nominee Director w.e.f. December 03, 2025
Appointment is based on Notification No. eF. No. 6/2(i)/2022-BO.I dated December 03, 2025
Shalini Pandit is an IAS officer currently serving as Joint Secretary in the Department of Financial Services, Ministry of Finance
👀 What to Watch
The appointment of a government nominee director is a routine governance update. Investors should monitor board composition for its impact on strategic decisions.
LICI: Arindam Das Gupta re-designated as ED & Chief Investment Officer w.e.f. Dec 05, 2025
Life Insurance Corporation of India (LICI) announced the re-designation of Shri Arindam Das Gupta as Executive Director (Investment – Front Office) & Chief Investment Officer, Key Managerial Personnel. This change is effective from December 05, 2025. The information was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows an earlier filing Ref. no.: LIC/SE/2025-26/112 dated December 04, 2025.
Key Highlights
Shri Arindam Das Gupta re-designated as Executive Director (Investment – Front Office) & Chief Investment Officer w.e.f. December 05, 2025
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Ref. No.: LIC/SE/2025-26/113 dated December 05, 2025
👀 What to Watch
Investors should note the change in key management personnel. Monitor LICI's investment strategies and performance under the new CIO.
LICI appoints Arindam Das Gupta as Executive Director (Investment) w.e.f. Dec 4, 2025
Life Insurance Corporation of India (LICI) has appointed Shri Arindam Das Gupta as Executive Director (Investment – Front Office) and Senior Management Personnel, effective December 04, 2025. Mr. Das Gupta previously served as Director and CEO of LICHFL Asset Management Company Limited. He joined LIC in 1990 and has extensive experience in investments. His appointment is until the date of superannuation or further order.
Key Highlights
Arindam Das Gupta appointed as Executive Director (Investment – Front Office) w.e.f. December 04, 2025
Arindam Das Gupta joined the Corporation in 1990 as an Assistant Administrative Officer
He was previously the Director and Chief Executive Officer of LICHFL Asset Management Company Limited
👀 What to Watch
Investors should note this change in senior management. Monitor LIC's investment strategies and performance under the new Executive Director.
LICI appoints Ramakrishnan Chander as Managing Director w.e.f. December 01, 2025
Life Insurance Corporation of India (LICI) has announced the appointment of Mr. Ramakrishnan Chander as the Managing Director of the Corporation effective December 01, 2025. He will hold the position until his superannuation on September 30, 2027, or until further orders. Mr. Chander's salary will be in the range of ₹2,05,400 to ₹2,24,400. Prior to this appointment, he served as the Executive Director (Investment – Front Office) & Chief Investment Officer.
Key Highlights
Ramakrishnan Chander appointed as Managing Director effective December 01, 2025
His tenure extends until September 30, 2027 (superannuation) or until further orders
Salary scale is ₹2,05,400 to ₹2,24,400
He has 35 years of experience in Marketing and Administration
👀 What to Watch
Investors should monitor Mr. Chander's strategic decisions and their impact on LICI's performance. This is a key leadership change, so keep an eye on any shifts in company strategy or financial outlook.
