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LIC dilutes stake in Tata Chemicals

17 Oct 2022 Evaluate

Life Insurance Corporation of India (LIC) has diluted its stake in ‘Tata Chemicals’. Corporation’s shareholding in ‘Tata Chemicals’ has diluted from 1,80,65,664 to 1,28,99,051 equity shares decreasing its shareholding from 7.091% to 5.063% of the paid-up capital of the said Company. Earlier, the company had diluted its stake in ‘Empire Industries’.

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

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