Life Insurance Corporation of India (LIC) has sold more than 2% stake in Biocon for over Rs 162 crore. Post stake sale, the country’s largest insurer’s stake in Biocon has come down to 3.01% from 5.02% earlier.
LIC has offloaded 4,031,002 shares, for Rs 162.58 crore in Biocon through open market transactions.
Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals and research services.
LIC has offloaded 4,031,002 shares, for Rs 162.58 crore in Biocon through open market transactions.
Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals and research services.
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