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Life Insurance Corporation of India (LIC) has reduced stake in MOIL. The corporation’s shareholding in MOIL has diluted from 1,83,38,326 to 1,41,02,808 Equity Shares, decreasing its shareholding from 9.012% to 6.931% 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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