Life Insurance Corporation of India Reports Post-OFS Shareholding Pattern
The Life Insurance Corporation of India (LIC) has released its post Offer For Sale (OFS) Shareholding Pattern, providing details on its current ownership structure. The report encompasses various aspects of the corporation's shareholding, including declarations related to the status of its securities and significant beneficial owners.
Details regarding foreign ownership limits show that the board-approved limit stands at 20 percent. As of the specified date, the utilized limit reported is 1.23 percent.
The following table summarizes the key data points from the corporate reporting:
| Indicator | Board Approved Limits | Limits Utilized | Date |
|---|---|---|---|
| Foreign Ownership Limit | 20% | 1.23% | 07.08.2026 |
The report also confirms that the corporation has not issued any partly paid up shares, nor have there been instances of convertible securities or warrants issued against its equity. Furthermore, it is reported that no shares held by promoters are pledged or otherwise encumbered.
LICI Stock Price Movement
Life Insurance Corporation Of India shares today edged higher, gaining 0.76% to close at ₹413.1. The stock traded within a narrow intraday range of ₹410 to ₹415.4 and saw robust volume exceeding 8.6 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.