The board of directors of the state-owned Life Insurance Corporation of India (LIC) will meet on Monday to declare the financial results for the fiscal year ended March 2022, and also consider payment of dividend, if any.
LIC, which was listed on May 17 at the bourses, said the board will consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2022.
The insurance behemoth slumped in its Mumbai trading debut after a record initial public offering that priced at the top of the range.
The shares ended 7.8 per cent lower