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Home > Trade News > LIC raises stake in ICICI Bank to 9.38%
LIC raises stake in ICICI Bank to 9.38%
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LIC raises stake in ICICI Bank to 9.38%
LIC acquired ~22.8mn equity shares of ICICI Bank and hiked its stake from 7.34% to 9.38%.

Life Insurance Corp of India has acquired ~22.8mn equity shares of ICICI Bank and increased its stake from 7.34% to 9.38%.

Shares of ICICI Bank have slipped by 4% to Rs322 after hitting an intra-day high of Rs331 and a low of Rs318 and has recorded volumes of over 29,00,000 shares on NSE.

Posted On : 2/25/2009 11:32:18 AM

 
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LIC raises stake in ICICI Bank to 9.38%