Life Insurance Corporation of India (LIC) has diluted its shareholding in TIL. The corporation’s shareholding in TIL has diluted from 10,22,985 to 8,10,038 Equity Shares decreasing its shareholding from 10.199% to 8.076% of the paid-up capital of the said Company. There is a decrease of 2% in holding during the period from December 31, 2021 to March 13, 2023.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.