LIC increases stake in Bank of Maharashtra
LIC ups stake in Bank of Maharashtra to 7.10%
Additionally, it reduced its stake in Aurobindo Pharma from 5.01% to 2.265% between November 2021 and September 2024.
Bank of Maharashtra, Apollo Tyres stocks in focus as LIC raises stake in these companies
The Life Insurance Corporation of India (LIC) has increased its stake in both Bank of Maharashtra and Apollo Tyres, signaling growing investor interest in these companies
LIC increases stake in Bank of Maharashtra from 4.05 pc to 7.1 pc through QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing. In an official statement on Saturday, LIC announced that it has raised its shareholding in the bank from 4.
LIC increases stake in Bank of Maharashtra by 2.05 per cent via QIP, shareholding at 7.1 per cent
The LIC had a shareholding of 4.05 per cent before, which has now increased to 7.1 per cent. The latest transaction shows LIC's confidence in the potential growth of there bank.
LIC increases stake in Bank of Maharashtra from 4.05% to 7.1% via QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing.
LIC increases stake in Bank of Maharashtra from 4.05 per cent to 7.1 per cent through QIP
Life Insurance Corporation of India has increased its stake in Bank of Maharashtra from 4.05% to 7.10% following a Qualified Institutional Placement. This move, compliant with SEBI regulations, signifies LIC's confidence in the bank's growth potential and provides vital capital for its expansion.
rediff.com2d
LIC eyes less than 50% stake in standalone health insurance company
State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per ...
Insurance watch: Why buying a term plan makes sense for most investors, policyholders
Although the penetration of term plans by salaried taxpayers is relatively low, High-net-worth individuals (HNIs) in India ...
LIC hikes stake in Bank of Maharashtra
Life Insurance Corporation of India (LIC) disclosed that the insurance major has increased its stake in Bank of Maharashtra to 7.10% from 4.05%.
India Infoline6d
Life Insurance Corporation of India Share Price
Life Insurance Corporation of India (LIC) has witnessed a total of 57% gain in the last one year, and almost 20% gain since the beginning of the year. The demand order includes a Goods and ...
Fox CEO Lachlan Murdoch’s Pay Rises 9% to $23.8 Million in 2024 Package
Rupert Murdoch's pay fell 7% to $21.2 million, but he sees "enhanced retirement health and life insurance benefits," ...
KP Announces Addition of Life Insurance to Sehat Card Plus
In a significant move to enhance social protection for residents, Chief Minister Ali Amin Gandapur has decided to incorporate ...
India’s biggest IPOs by issue size
India’s largest government owned insurance and investment corporation, LIfe Insurance Corporation of India (LIC), holds the ...
What Is Key Man Insurance?
Key man insurance, also known as key person insurance, protects a company against massive losses if a vital staff member dies ...
Insurance Policyholders Will Now Get Higher Refund For Early Termination
A new legislation by the Insurance Regulatory and Development Authority of India (Irdai) will start to take effect on October ...