Adani Ports and Special Economic Zone Ltd.

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LIC raises stake in Adani Ports to 3.41% in Q1FY16

Date: 23-07-2015

Life Insurance Corporation of India (LIC), country’s largest domestic institutional investor, has increased its holding in Adani Port & Special Economic Zone (APSEZ) to 3.41 per cent in June quarter from 1.45 per cent stake in September 2014. Current valuation of LIC’s holding in APSEZ stands at Rs 2,289 crore.

Adani Ports and Special Economic Zone is the country's largest private multi-port operator and part of the Adani Group, a global integrated infrastructure player.