Sale3 Nov 2026, 02:29 pm
LIC Sells 2.018% Stake in Canara Bank
AI Summary
Life Insurance Corporation of India (LIC) has sold 18,305,1538 shares, representing 2.018% of its holding, in Canara Bank. Following this sale, LIC's total shareholding in Canara Bank has reduced from 5.841% to 3.823%. The transaction was conducted via market sale.
Key Highlights
- LIC sold 18,305,1538 shares of Canara Bank.
- LIC's stake in Canara Bank reduced by 2.018%.
- LIC's total holding in Canara Bank is now 3.823%.
- The sale was executed through the open market.
- This is a disclosure under SEBI (SAST) Regulations, 2011.
Price Impact
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