Life Insurance Corporation of India (LIC) has increased its shareholding in equity shares of Asian Paints. The Corporation has increased its shareholding in equity shares of Asian Paints from 4,79,66,302 to 6,72,40,527 i.e., 5.001% to 7.010% 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.