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LIC dilutes stake in Tata Motors

19 Dec 2023 Evaluate

Life Insurance Corporation of India (LIC) has diluted its shareholding in Tata Motors. The Corporation’s shareholding in ‘Tata Motors’ has decreased from 169,802,847 to 102,752,081 Equity Shares, decreasing its shareholding from 5.110% to 3.092% 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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