The Life Insurance Corporation of India has trimmed its equity holding in Hero MotoCorp by 40.74 lakh shares of the two-wheeler major over a period of 13 months. The share sales were done on various dates from end-January 2013 to March 12 this year through the open market route, Hero MotoCorp said in a filing to the BSE. This has led to LIC’s holding in Hero MotoCorp coming down to 2.993 per cent from the earlier level of 5.03 per cent.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.