Life Insurance Corporation of India has increased stake in Dr. Reddy’s laboratories. The Corporation’s shareholding in Dr. Reddy’s laboratories has increased from 1,27,83,287 to 1,61,44,983 Equity Shares increasing its shareholding from 7.676% to 9.695% of the paid-up capital of the said Company. There an increase of 2% in holding during the period from September 30, 2022 to March 10, 2023.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.
