Life Insurance Corporation of India (LIC) has decreased its shareholding in equity shares of DCM Shriram Industries from 58,06,760 to 40,52,635 i.e., 6.675% to 4.659% of the paid-up capital of the said Company. There is net decrease of 2.016% in holding.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.