Life Insurance Corporation of India (LIC) has diluted its stake in Century Enka. The Corporation’s shareholding in Century Enka has diluted from 12,00,331 to 7,54,206 equity shares decreasing its shareholding from 5.494% to 3.452% of the paid-up capital of the said Company.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.