Life Insurance Corporation of India (LIC) now holds over 107.05 crore shares or 12.98% stakes in NTPC, according to a stock exchange filing. (Reuters)
State-run LIC bought nearly 60% of the NTPC shares sold by the government to raise Rs 5,030 crore through a disinvestment, taking its stake in the country’s largest power producer to 12.98%. LIC’s stake has increased from 10.03% at the