Life Insurance Corporation of India (LIC) has decreased its shareholding in equity shares of Mahanagar Gas from 89,19,236 to 68,54,264 i.e., 9.030% to 6.939% of the paid-up capital of the said Company.
Earlier, LIC had increased its shareholding in equity shares of Biocon from 5,98,14,429 to 6,03,14,429 i.e., 4.982% to 5.023% 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.