Life Insurance Corporation of India (LIC) has decreased its shareholding in ‘TIL’. The corporation’s shareholding in ‘TIL’ has been diluted from 8,10,038 to 5,96,195 equity shares decreasing its shareholding from 8.076% to 5.944% 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.