LIC buys additional 2% stake in Indiabulls Housing Finance

Life Insurance Corporation of India (LIC) has acquired an additional 2 per cent stake of Indiabulls Housing Finance in an open market transaction. The insurer had 7.23 per cent stake in the company and has now acquired an additional 2.11 per cent stake, taking the total shareholding to 9.33 per c

BY admin
Published - Feb 12, 2018 4:49 AM

Share It

Life Insurance Corporation of India (LIC) has acquired an additional 2 per cent stake of Indiabulls Housing Finance in an open market transaction. The insurer had 7.23 per cent stake in the company and has now acquired an additional 2.11 per cent stake, taking the total shareholding to 9.33 per cent, Indiabulls Housing Finance said in a BSE filing on Saturday.Post-acquisition, LIC has 3,97,97,324 shares in the company.

Share It

Tags : ALLIED

Related Story

Kajaria Ceramics Forms Subsidiary JV In UAE BY Realty Plus

Building Bricks India Sets Up Automatic Robotic Brick-Making Plant BY Realty Plus

NHIDCL Signs MoU with NIT Manipur for Innovation in Highway Const BY Realty Plus

abcd BY Realty Plus

Simpliforge Launches India’s First Robotic Concrete 3D Printer BY Realty Plus

Top News

Nigeria Shows Widening Transparency Gap in Real Estate BY Realty Plus

Singapore Private Home Rents Set To Climb By 10-15% BY Realty Plus

Your-space Launches India's First-of-its-kind "YS Clubhouse" in Student Housing BY Realty Plus

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of digital.
Copyright © 2019 Adsert Web Solutions Pvt Ltd