Life Insurance Corporation of India (LIC) has increased its stake in Tata Chemicals. The Corporation’s shareholding in Tata Chemicals has increased from 1,81,45,978 to 2,33,78,890 Equity Shares, increasing its shareholding from 7.123% to 9.177% 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.