CFO Shatmanyu Shrivastava Superannuates on September 30, 2026

LIC has informed the exchanges that Shri Shatmanyu Shrivastava, Chief Financial Officer and Key Managerial Personnel, will superannuate with effect from September 30, 2026, after the close of office hours.

Wed 30 Sep 2026

Executive

Shri Shatmanyu Shrivastava, Chief Financial Officer and Key Managerial Personnel

Event Type

Superannuation (retirement on reaching prescribed age)

Effective Date

September 30, 2026, after the close of office hours

Regulation

Regulation 30 of the SEBI LODR Regulations

What was shared

LIC has intimated the stock exchanges of a change in its Key Managerial Personnel.

• Shri Shatmanyu Shrivastava, Chief Financial Officer (KMP), will superannuate with effect from September 30, 2026, after the close of office hours.
• The reason for the change is recorded in the annexure as cessation upon superannuation.
• The date of cessation is stated as September 30, 2026.

What superannuation means

Superannuation is retirement on reaching the service age laid down by the employer. It is a routine, age-driven exit and is different from a resignation, where an executive chooses to leave, or a removal.

How investors generally read this

A CFO is a senior finance role, so a change at that level is usually watched for continuity of financial reporting and investor communication. Because this exit is on superannuation and the date is known in advance, such changes are typically seen as planned rather than unexpected.

Process note

The intimation is made under Regulation 30 of the SEBI LODR Regulations, is signed by the Company Secretary & Compliance Officer, and has also been placed on the Corporation's website. The annexure marks the profile and director-relationship fields as not applicable, as these apply only to appointments.

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