Life Insurance Corporation of India (LIC), on Tuesday, said its shareholding in Hindustan Petroleum Corporation (HPCL) has increased to 5.013% per cent from 4.901 per cent.
In the regulatory filing, the company said, “Corporation’s shareholding in ‘Hindustan Petroleum Corporation Ltd’ has increased from 6,95,16,128 to 7,11,13,128 equity shares increasing its shareholding from 4.901per cent to 5.013 per cent of the paid-up capital of the said company.”
The shares were acquired in the ordinary course of transaction through open market purchases, the company said in BSE filing.
The holding in the company crossed 5 per cent on May 8, 2023.
