Hero MotoCorp says LIC has hiked stake by 2%
Life Insurance Corporation of India (LIC) acquired 40,16,255 shares amounting to 2.011 percent stake in the company between June 21, 2017 and May 19, 2020, Hero MotoCorp said in a regulatory filing.
The country's largest two-wheeler maker Hero MotoCorp on Thursday said state-owned LIC has increased its stake in the company to 7.146 percent through acquisition of shares from the open market over a period of time.
Life Insurance Corporation of India (LIC)
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