Tag: LIC

Siddhartha Mohanty named LIC Chairperson

Life Insurance Corporation of India announced the appointment of Siddhartha Mohanty, Managing Director as Chairperson of the company, with effect from April 29, 2023. According to the company’s exchange filing, “In continuation of our earlier filing dated 28th April 2023, regarding the appointment of Shri Siddhartha Mohanty, Managing Director, as Chairperson of LIC of India,…

LIC acquires additional stake in Dr. Reddy’s

Life Insurance Corporation of India announced it has acquired additional stake in Dr. Reddy’s Laboratories Limited. Post acquisition, the company holds a 5.646 per cent stake in the pharmaceutical major. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that…