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Life Insurance Corporation of India dilutes stake in HEG

24 Nov 2022 Evaluate

Life Insurance Corporation of India (LIC) has diluted stake in ‘HEG’. The Corporation’s shareholding in HEG has diluted from 26,45,158 to 18,68,998 Equity Shares decreasing its shareholding from 6.854% to 4.843% of the paid-up capital of the said Company. There is a decrease of more than 2% in holding during the period from December 27, 2019 to November 22, 2022.

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

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