Life Insurance Corporation of India (LIC) has increased its shareholding in Container Corporation of India. The corporation’s shareholding in Container Corporation of India has increased from 3,04,31,759 to 3,06,09,408 equity shares, increasing its shareholding from 4.994% to 5.023% of the paid-up capital of the said company. The acquisition of shares was done on September 25, 2023, at an average cost of Rs 727.54.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.
