Life Insurance Corporation of India (LIC) has decreased its shareholding in ‘Hindustan Copper’. The Corporation’s shareholding in ‘Hindustan Copper’ has diluted from 11,91,64,785 to 9,91,10,743 Equity Shares decreasing its shareholding from 12.323% to 10.249% of the paid-up capital of the said Company.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.