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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
