LIC raises stake in Biocon to 5.02%
The company has increased its shareholding in equity shares of Biocon Ltd to 5.023 per cent.
Earlier, LIC had 4.98 per cent stake in the pharma company. Image/File Photo
Life Insurance Corporation (LIC) on Tuesday said it has increased its stake in pharma firm Biocon to 5.02 per cent.
Earlier, LIC had 4.98 per cent stake in the pharma company.
"Life Insurance Corporation of India has increased its shareholding in equity shares of Biocon Ltd from 5,98,14,429 to 6,03,14,429 i.e., 4.982 per cent to 5.023 per cent of the paid-up capital of the said company," the insurer said in a regulatory filing.
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Written By: PTI
Updated: Wed, Sep 18, 2024
08:11 AM IST
08:11 AM IST
New Delhi, PTI