Life Insurance Corporation of India (LIC) has decreased its shareholding in equity shares of NMDC. The company has decreased its shareholding in equity shares of NMDC from 22,31,79,825 to 16,40,59,791 i.e., 7.615% to 5.598% 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.