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LIC dilutes stake in Industrial Investment Trust

24 Feb 2023 Evaluate

Life Insurance Corporation of India (LIC) has diluted its shareholding in ‘Industrial Investment Trust’. The corporation’s shareholding in ‘Industrial Investment Trust’ has diluted from 12,25,017 to 7,57,966 Equity Shares decreasing its shareholding from 5.433% to 3.362% of the paid-up capital of the said Company. There is a decrease of 2.071% in holding during the period from July 06, 2012 to February 23, 2023.

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

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