Life Insurance Corporation of India (LIC) has made a significant announcement regarding the elevation of Ms. Rashmi Bhatnagar to the Senior Management Personnel (SMP) position of Additional Director, Zonal Training Centre, Bhopal. The appointment, which is effective from April 30, 2025, follows her promotion to a higher role within the organization.

This disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with the regulatory framework established for listed companies. As required under the regulations, LIC has shared the necessary details of Ms. Bhatnagar's appointment, which is outlined in the Annexure-1 attached with the disclosure.

Details of the Appointment:

1. Reason for Change:
   Ms. Rashmi Bhatnagar has been elevated to the position of Additional Director at the Zonal Training Centre in Bhopal as part of her career advancement within LIC. This change reflects her growth in the company after a successful tenure in various roles.

2. Date of Appointment:
   The elevation was effective on April 30, 2025, marking a new phase in Ms. Bhatnagar’s distinguished career with LIC.

3. Brief Profile of Ms. Rashmi Bhatnagar:

   • Education and Qualifications: Ms. Bhatnagar holds a Bachelor's Degree in Commerce from the University of Delhi. Additionally, she is a Fellow of the Insurance Institute of India and has a Diploma in Underwriting.

   • Career Journey: Ms. Bhatnagar began her journey with LIC in 1989 as an Assistant Administrative Officer. Throughout her career, she has accumulated valuable experience in several major departments, including Customer Relations Management, New Business & Actuarial, Accounts, Personnel & Industrial Relations, and Training.

   • Notable Roles: She has served in various capacities across Branch, Division, and Zonal Offices of the North and Central Zones. She also worked as Regional Manager in departments such as New Business & Actuarial, Personnel & Industrial Relations, and Office Services. Prior to her promotion, she was the Regional Manager (Office Services) in the North Zone, Delhi.

4. Relationships between Directors:
   No additional relationships between directors were disclosed in relation to this appointment.

Conclusion:

With this appointment, LIC continues to uphold its commitment to excellence in leadership and management across its diverse operations. Ms. Rashmi Bhatnagar's extensive experience and proven leadership in various roles within the organization will contribute significantly to the Zonal Training Centre in Bhopal, as she transitions into this senior management position.

This disclosure is a part of LIC's ongoing commitment to maintaining transparency in its governance and compliance with SEBI regulations. The information is now available on LIC's official website www.licindia.in for public reference.

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