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LIC acquires additional stake in Dr Reddys Laboratories

16 Jun 2022 Evaluate

Life Insurance Corporation of India (LIC) has acquired additional 93,96,801 equity shares of Dr Reddys Laboratories. With this the company’s shareholding increased to 5.65% from 3.64% of the paid-up capital.

Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.

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