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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Life Insurance Corporation of India

LIC Board Approves Q2 FY27 Results, Appoints New Chief Compliance Officer

RESULTS ● No Immediate Change LOW RISK
📅 Filed on BSE: 05 Nov 2026, 05:44 PM IST  ·  BSE ID: add01805-3509-485f-b502-20f8fa55058c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved its latest financial results and appointed a new Chief Compliance Officer.
🤖 AI Summary
  • LIC Board approved unaudited financial results for the quarter and half-year ended September 30, 2026 (Q2 FY27).
  • Smt Naga Nalini Kalluri appointed as Chief Compliance Officer and Key Managerial Personnel (KMP) effective November 06, 2026.
  • Smt Kalluri previously served as Secretary (Corporate Governance/Golden Jubilee Foundation/Regulatory Compliance) from 2024.
  • Shri Jayasimhan Madabhushi Matam Tirumala ceased to be Chief Compliance Officer from November 06, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Amortisation of additional contribution (Q2 FY27)
Rs. 464.02 crores
Amortisation of additional contribution (H1 FY27)
Rs. 928.04 crores
Replenishment from Shareholders' account (Q2 FY27)
Rs. 602.51 crores
Replenishment from Shareholders' account (H1 FY27)
Rs. 1,205.02 crores
Charge to Shareholders' account for pension liability (Q2 FY27)
Rs. 456.42 crores
Charge to Shareholders' account for pension liability (H1 FY27)
Rs. 912.84 crores
Total assets of 1 foreign branch (Q2 FY27)
Rs. 24.85 crores
Total revenue of 1 foreign branch (Q2 FY27)
Rs. 0.38 crores
Net profit after tax of 1 foreign branch (Q2 FY27)
Rs. 0.38 crores
Total assets of 8 Zonal Offices (Q2 FY27)
Rs. 13,569.70 crores
Total revenue of 8 Zonal Offices (H1 FY27)
Rs. 2,58,556.25 crores
🏢 How This Affects the Company
⚙️
Operational Impact
The appointment of a new Chief Compliance Officer, Smt Naga Nalini Kalluri, indicates a change in the leadership overseeing regulatory adherence and corporate governance.
⚠️
Risk Impact
The change in Chief Compliance Officer, a Key Managerial Personnel, ensures continuity in regulatory compliance functions. Smt. Kalluri's prior role handling regulatory matters from 2024 suggests experience in the area.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are indirectly affected by changes in key management personnel and the reporting of financial results, which reflect the company's performance.
🔍
Management Signal
The appointment of a new Chief Compliance Officer signals management's focus on maintaining regulatory compliance and governance structures with a seasoned internal candidate.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 financial results — review full financial performance metrics.
Future regulatory filings — track any further changes in key management personnel.
Press Release on Performance update — analyze detailed financial figures for H1 FY27.
LOW RISK The filing reports routine financial results approval and a management appointment, indicating no immediate new risks.
💡 Investor Takeaway
LIC's Board approved the Q2 FY27 and half-year unaudited financial results for the period ended September 30, 2026. Concurrently, Smt Naga Nalini Kalluri was appointed Chief Compliance Officer and KMP, replacing Shri Jayasimhan Madabhushi Matam Tirumala, effective November 06, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Appointment of Smt Naga Nalini Kalluri as CCO, with a profile including regulatory experience since 2024.
  • Smt Kalluri's background includes working at the Insurance Regulatory and Development Authority of India for three years.
📅 Company Track Record
Previous filings for LIC include Q1 FY27 results filed on August 06, 2026, which reported a 22.81% rise in PAT to ₹13,492 crore and a 61.32% increase in VNB. The current filing continues the quarterly financial reporting cycle.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What financial period do LIC's approved results cover?
Life Insurance Corporation of India's Board approved unaudited financial results for the quarter and half-year ended September 30, 2026, corresponding to Q2 FY27.
Who was appointed as LIC's new Chief Compliance Officer?
Smt Naga Nalini Kalluri was appointed as the Chief Compliance Officer and Key Managerial Personnel (KMP) of Life Insurance Corporation of India, effective November 06, 2026.
What is the background of the new Chief Compliance Officer, Smt Naga Nalini Kalluri?
Smt Naga Nalini Kalluri joined LIC in 1991, holds degrees in Maths, Physics, Electronics, and completed a Post Graduate Executive Program from IIM, Ahmedabad. She has experience in various administrative roles and worked at IRDAI on deputation for three years. Prior to this, she was Secretary (Corporate Governance/Golden Jubilee Foundation/Regulatory Compliance) from 2024.
Which individual did Smt Naga Nalini Kalluri replace as Chief Compliance Officer?
Smt Naga Nalini Kalluri replaced Shri Jayasimhan Madabhushi Matam Tirumala, Executive Director (Board & Secretarial/Regulatory Compliance), as Chief Compliance Officer, effective November 06, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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