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LIC dilutes stake in Sun Pharmaceutical Industries

14 Sep 2023 Evaluate

Life Insurance Corporation of India (LIC) has diluted its shareholding in Sun Pharmaceutical Industries. The Corporation’s shareholding in ‘Sun Pharmaceutical Industries’ has diluted from 12,05,24,944 to 7,22,68,890 Equity Shares, decreasing its shareholding from 5.023% to 3.012% 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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