Life Insurance Corporation of India (LIC) has hiked stake in Tech Mahindra. The corporation’s shareholding in Tech Mahindra has increased from 6,69,25,392 to 8,65,58,538 Equity Shares increasing its shareholding from 6.869% to 8.884% of the paid-up capital of the said company. Holding increased from 6.869% to 8.884%, an increase of 2.015% during the period from November 21, 2022 to June 6, 2023 at an average cost of Rs 1050.77.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.
