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LIC dilutes stake in Shipping Corporation of India

11 Oct 2023 Evaluate

Life Insurance Corporation of India (LIC) has diluted its shareholding in ‘Shipping Corporation of India’. The Corporation’s shareholding in ‘Shipping Corporation of India’ has diluted from 2,80,98,197 to 1,85,92,050 Equity Shares, decreasing its shareholding from 6.032% to 3.991% 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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