NOTES TO THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2026 The major categories of plan assets of the fair value of the total plan assets of Gratuity are as follows:
* As the gratuity fund is managed by LIC, details of fund invested by insurer are not available with the Company. The principal assumptions used in determining above defined benefit obligations for the Company’s plans are shown below:
Medical Inflation Rate Expected rate of return on plan assets Employee Turnover Rate
Mortality rate during employment
Mortality rate after employment
7.67% 9% and 7% as per category N.A 7.67%
8% and 1% as per category Indian Assured Lives Mortality (2012-14) (Urban) N.A
6.82% 9% and 7% as per category N.A 6.82%
8% and 1% as per category Indian Assured Lives Mortality (2012-14) (Urban) N.A
Indian Assured Lives Mortality (2012-14) (Urban) Indian Individual AMT (2012-15)
Indian Assured Lives Mortality (2012-14) (Urban) Indian Individual AMT (2012-15)
A quantitative sensitivity analysis for significant assumption is as shown below:
(₹ Crores) Increase / (decrease) in defined benefit obligation (Impact) Gratuity
Year Ended March 31, 2025 March 31, 2026
(26.99) 32.02 31.88 (27.37) N.A N.A 1.74 (2.03)
(29.87) 35.60 35.17 (30.08) N.A N.A (0.43) 0.46
(12.54) 15.69 N.A N.A 16.00 (12.96) (3.53) 4.21
(15.26) 19.38 N.A N.A 19.60 (15.66) (4.56) 5.48 th
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