LIC to infuse Rs. 25 crore in LIC Mutual Fund Asset Management Ltd

The Board of Life Insurance Corporation of India (the Corporation), at their meeting held on Monday, December 11, 2023, has approved infusion of share capital of Rs.25 crore in LIC Mutual Fund Asset Management Limited on a preferential basis.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 773.80 as compared to the previous close of Rs. 785.50. The total number of shares traded during the day was 675356 in over 26540 trades.

The stock hit an intraday high of Rs. 803.35 and intraday low of 769.65. The net turnover during the day was Rs. 531000054.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 Investment LICMutualFundAssetManagement PreferentialIssue