LIC increases stake in Bank of Maharashtra
Bank of Maharashtra, Apollo Tyres stocks in focus as LIC raises stake in these companies
The Life Insurance Corporation of India (LIC) has increased its stake in both Bank of Maharashtra and Apollo Tyres, signaling growing investor interest in these companies
Bank of Maharashtra stock in focus after LIC raises stake via QIP
Bank of Maharashtra shares are expected to attract attention on Monday after the Life Insurance Corporation of India (LIC) increased its stake in the bank from 4.05% to 7.10%. LIC announced this increase in its shareholding following a Qualified Institutional Placement (QIP).
LIC hikes stake in Bank of Maharashtra
Life Insurance Corporation of India (LIC) disclosed that the insurance major has increased its stake in Bank of Maharashtra to 7.10% from 4.05%.
LIC increases stake in Bank of Maharashtra by 2.05 per cent via QIP, shareholding at 7.1 per cent
The LIC had a shareholding of 4.05 per cent before, which has now increased to 7.1 per cent. The latest transaction shows LIC's confidence in the potential growth of there bank.
LIC increases stake in Bank of Maharashtra from 4.05 pc to 7.1 pc through QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing. In an official statement on Saturday, LIC announced that it has raised its shareholding in the bank from 4.
LIC increases stake in Bank of Maharashtra from 4.05% to 7.1% via QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing.
LIC increases stake in Bank of Maharashtra from 4.05 per cent to 7.1 per cent through QIP
Life Insurance Corporation of India has increased its stake in Bank of Maharashtra from 4.05% to 7.10% following a Qualified Institutional Placement. This move, compliant with SEBI regulations, signifies LIC's confidence in the bank's growth potential and provides vital capital for its expansion.
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