Life Insurance Corporation of India (LIC) has increased its shareholding in equity shares of Hindalco Industries. The corporation has increased its shareholding from 11,22,88,358 to 11,25,35,358 i.e., 4.99% to 5.00% 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.