Life Insurance Corporation of India (LIC) has diluted its shareholding in Siemens. The company’s shareholding in Siemens has diluted from 1,84,12,652 to 1,11,45,887 equity shares decreasing its shareholding from 5.170% to 3.130% of the paid-up capital of the said Company. There is a decrease of more than 2% in holding during the period from July 18, 2022 to November 24, 2022.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.
