MoneyWorks4Me

LIC decreases stake in Dr Reddys Laboratories

23 Nov 2023 Evaluate

Life Insurance Corporation of India (LIC) has decreased stake in ‘Dr Reddys Laboratories’. The Corporation’s shareholding in ‘Dr Reddys Laboratories’ has decreased from 1,27,20,873 to 93,28,967 Equity Shares, decreasing its shareholding from 7.627% to 5.593% 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