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News
LIC stake
LIC stake News
LIC Housing Finance
25 Jun 2021
LIC Housing Finance to raise Rs 2,334 crore
In a regulatory filing, the housing finance company said that it will issue 4.54 crore equity shares to LIC at Rs 514.25 per share. Post the allotment, LIC's stake in the company increased to 45.24 per cent as against the pre-issue shareholding of 40.31 per cent. The company will seek the shareholders' nod for the proposed preferential allotment of shares during its Extraordinary General Meeting on July 19, said another regulatory filing.
Life insurance
01 Nov 2017
LIC raises stake in Coal India to 9.4%
The PSU which accounts for over 80 percent of the domestic coal production is eyeing 600 million tonnes of output in the ongoing fiscal.
Life Insurance Corporation of India
22 Apr 2017
LIC to infuse Rs 407 crore in IDBI; hike stake to 14.25%
Life Insurance Corporation of India (LIC) will infuse Rs 406.9 crore in IDBI Bank increasing its stake 14.25 percent in the state-owned lender.
LIC
26 Oct 2016
NBCC share sale: LIC buys over 50% shares on offer, invests Rs 1,200 crore
LIC's stake in the state-run construction firm has gone up to 8.11 percent following its participation in NBCC offer for sale which happened last week.
Aditya Birla
18 Jun 2015
LIC hikes stake in Hindalco to over 13%
Aditya Birla-led Hindalco on Thursday said insurance giant LIC has raised its stake in the aluminium maker to over 13 percent.
Life Insurance Corporation
26 May 2015
LIC raises stake in Canara Bank, BoB
Country's largest insurer Life Insurance Corporation (LIC) has raised stake in state-owned Canara Bank by about 7.7 percent through preferential allotment of shares.
Life Insurance Corporation
13 Apr 2015
LIC sells about 2% stake in Tata Communications
State-owned Life Insurance Corporation (LIC) brought down its stake in Tata Communications by about 2.03 percent in the company through open market transaction.
LIC
19 Mar 2015
LIC acquires 9.9% stake in rating agency CARE
LIC acquired 28,82,136 shares of the rating agency through a bulk deal, CARE said in a BSE filing.
LIC
02 Feb 2015
In CIL stake sale LIC bought almost 50% of shares on offer
Country's largest insurer LIC picked up almost half of the shares on offer in the Coal India's Rs 22,558 crore disinvestment, once again coming in to ensure success of a government stake sale.
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