LIC Zonal Manager Ajay Kumar Takes Voluntary Retirement, Effective December 30, 2024

Services

Equity Investment with CA Abhay

FNO Stocks with CA Abhay

Equity Trading with CA Abhay

Option Trading with CA Abhay

Stock Market Masterclass

LIC Zonal Manager Ajay Kumar Takes Voluntary Retirement, Effective December 30, 2024

Team Finance Saathi

30/Dec/2024

What's covered under the Article:

Ajay Kumar, Senior Management Personnel at LIC, has voluntarily retired from his position as Zonal Manager, Eastern Zone.
His retirement will be effective at the close of office hours on December 30, 2024.
LIC has made a public disclosure about this voluntary retirement, as per SEBI regulations.

In a significant corporate development, Mr. Ajay Kumar, the Zonal Manager (in charge) for the Eastern Zone in Kolkata, has opted for voluntary retirement from his role at the Life Insurance Corporation of India (LIC). This move comes under the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was disclosed to the public through the exchange filings on December 30, 2024.

Mr. Kumar’s retirement is effective immediately, and he will be officially relieved of his duties at the close of office hours on the same day. His decision marks a significant change in the senior management of LIC, one of India’s most trusted insurance providers. The announcement was made by Anshul Kumar Singh, the Company Secretary & Compliance Officer of Life Insurance Corporation of India, through a formal letter addressed to both the BSE and the National Stock Exchange of India Ltd. (NSE).

As the Zonal Manager for the Eastern Zone, Kolkata, Mr. Kumar was responsible for overseeing and managing operations, sales, and growth within the region. His voluntary retirement marks the end of a significant tenure at the organization. His departure could potentially lead to leadership changes within the corporation, and LIC will need to identify a successor for his position.

This announcement is being shared with the stock exchanges, and a copy of the formal intimation is also available on LIC’s official website at www.licindia.in, ensuring transparency and timely dissemination of the news to investors and stakeholders.

The Upcoming IPOs in this week and coming weeks are Indo Farm, Technichem Organics, Leo Dry Fruits, Davin Sons, Fabtech Technologies and Standard Glass Lining.

The Current active IPO is Citichem India and Anya Polytech.

For more details on upcoming IPOs, you can visit our page at and stay updated with the latest news on IPO updates on . Join our for regular Stock Market Trading and Investment Calls by - SEBI Registered Research Analyst & for Regular Share Market, News & IPO Updates. Start your Stock Market Journey and Apply in IPO by opening a Free Demat Account in .Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi Trading with CA Abhay Telegram Channel CA

Services

LIC Zonal Manager Ajay Kumar Takes Voluntary Retirement, Effective December 30, 2024

Related News