MoneyWorks4Me

LIC raises stake in Mphasis

23 Aug 2023 Evaluate

Life Insurance Corporation of India (LIC) has raised its stake in Mphasis. The Corporation’s shareholding in Mphasis has increased from 94,12,589 to 95,30,789 equity shares, increasing its shareholding from 4.991% to 5.054% 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. 


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