LIC AMC announces appointment of Independent Director

LIC Mutual Fund Asset Management has informed that Praveen Garg (DIN 00208604) has been appointed as Independent Director on the Board of AMC with effect from April 06, 2023.

Brief Profile of Praveen Garg as follows: Praveen Garg (age 61 years). He is (Retd.) IAS and also a Chartered Accountant. Currently, he is working as Advisor in Mobius Foundation at New Delhi (June 09, 2022 till date). He is also working as Member, Appellate Authority under CA, CS and CMA acts (February 2022 till date).

This Notice cum addendum shall form an integral part of the Statement of Additional Information (SAI) of LIC Mutual Fund as amended from time to time. All other contents of the SAI will remain unchanged.