Life Insurance Corporation of India (LIC) has diluted its shareholding in ‘Bharat Bijlee’. The corporation’s shareholding in ‘Bharat Bijlee’ has diluted from 3,78,352 to 2,56,553 Equity Shares decreasing its shareholding from 6.695% to 4.540% of the paid-up capital of the said Company. There is a decrease of 2.155% in holding during the period from November 19, 2019 to November 25, 2022.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.
