LIC Shares Jump 5% After Insurer Fixes May 29 Record Date for 1:1 Bonus and Sweetens Dividend

Shares of state-run Life Insurance Corporation of India (LIC) surged nearly 5% in early Friday trade, trading near ₹839 on the BSE. The stock rally comes after the insurance giant finalized May 29, 2026, as the record date for its historic 1:1 bonus share issue.