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Life Insurance Corporation decreases stake in ‘Bharat Heavy Electricals’

29 Dec 2023 Evaluate

Life Insurance Corporation of India (LIC) has decreased its shareholding in ‘Bharat Heavy Electricals’. The Corporation’s shareholding in ‘Bharat Heavy Electricals’ has decreased from 40,74,40,614 to 33,48,62,025 Equity Shares, decreasing its shareholding from 11.701% to 9.617% 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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