Shareholding6 Nov 2026, 03:12 pm
LIC Sells 2.03% Stake in Zydus Lifesciences
AI Summary
Life Insurance Corporation of India (LIC) has sold 20,242,068 shares, representing 2.029% of the total equity, in Zydus Lifesciences Ltd. The sale was conducted via the open market. Following the transaction, LIC's shareholding in Zydus Lifesciences has reduced from 5.213% to 3.184%. The total equity share capital of Zydus Lifesciences before the sale was 997,503,832 shares, and after the sale, it remains the same.
Key Highlights
- LIC sold 20,242,068 shares in Zydus Lifesciences.
- The sale represents a 2.029% stake reduction.
- LIC's holding decreased from 5.213% to 3.184%.
- The transaction was a market sale.
- Zydus Lifesciences' total equity remains unchanged.
Price Impact
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