MoneyWorks4Me

LIC decreases stake in Dr. Reddy's Laboratories

12 Sep 2023 Evaluate

Life Insurance Corporation of India (LIC) has diluted its shareholding in Dr. Reddy's Laboratories. The corporation’s shareholding in Dr. Reddy's Laboratories has diluted from 1,61,44,983 to 1,27,20,873 Equity Shares, decreasing its shareholding from 9.681% to 7.628% 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. 

Peers