Life Insurance Corporation of India (LIC) has hiked its shareholding in Dr. Reddy’s Laboratories. The company has increased its shareholding in Dr. Reddy’s Laboratories from 82,61,579 to 83,69,879 Equity Shares, i.e., 4.95% to 5.01% of the paid-up capital of the Dr. Reddy’s Laboratories.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.