LIC Raises Stake in Cipla to 9.09% Through Market Purchases
LIC Increases Shareholding in Cipla Ltd to 9.091%, Files Regulatory Disclosure Life Insurance Corporation of India (LIC), the country’s largest institutional investor and insurance provider, has officially disclosed an increase in its shareholding in Cipla Limited. The filing, made under applicable takeover and substantial acquisition regulations, confirms that LIC’s stake in the pharmaceutical major has … Read more