- The LIC increased its share from 6.862% (2,27,04,306 shares) to 8.884% (2,93,95,224 shares).
- According to the LIC, Voltas’ shares worth INR 634.50 crores were bought by LIC through open market transactions during the period from 10th August to 4th November 2022.
- The LIC said that the average price of one share bought was INR 948.31.
- Voltas is home appliances and consumer electronics-based Indian MNC that was established in 1954 with its headquarters in Mumbai. The current CEO of the company is Pradeep Bakshi.
- LIC is a Government of India-owned insurance company that was established in 1956 with its headquarters in Mumbai. The current Chairperson of the company is M R Kumar.
Question:
Q.1 Recently LIC bought additional 2% stakes in which Indian MNC?a. Bajaj
b. Voltas
c. Dabur
d. Suzlon Energy
