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.
LIC cuts stake in Hero MotoCorp
Published on
March 14, 2014 15:45
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