{"id":530799,"date":"2022-10-20T09:29:51","date_gmt":"2022-10-20T03:59:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=530799"},"modified":"2022-10-20T10:12:43","modified_gmt":"2022-10-20T04:42:43","slug":"lics-share-in-nhpc-comes-down-to-5-2-from-7-2-over-seven-months","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lics-share-in-nhpc-comes-down-to-5-2-from-7-2-over-seven-months\/","title":{"rendered":"LIC&#8217;s share in NHPC comes down to 5.2% from 7.2% over seven months"},"content":{"rendered":"<p>Country&#8217;s largest insurer LIC on Wednesday said its shareholding in hydro power generator NHPC has come down to 5.2 per cent on sell down of shares over a period of time for a consideration of Rs 700.79 crore.<\/p>\n<p>Corporation&#8217;s shareholding in NHPC Ltd has diluted from 72,62,11,315 to 52,26,11,195 equity shares, decreasing the shareholding from 7.230 per cent to 5.203 per cent of the paid-up capital of the company, LIC said in a regulatory filing.<\/p>\n<p>The state-owned insurer sold 20,36,00,120 shares of the company at an average price of Rs 34.42 apiece from March 17, 2022 to October 18, 2022.<\/p>\n<p>The shares were sold in open market sale in the ordinary course of transaction, which is an investment function.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Country&#8217;s largest insurer LIC on Wednesday said its shareholding in hydro power generator NHPC has come down to 5.2 per cent on sell down of shares over a period of time for a consideration of Rs 700.79 crore. Corporation&#8217;s shareholding in NHPC Ltd has diluted from 72,62,11,315 to 52,26,11,195 equity shares, decreasing the shareholding from 7.230 per cent to 5.203 per cent of the paid-up capital of the company, LIC said in a regulatory filing. The state-owned insurer sold 20,36,00,120 shares of the company at an average price of Rs 34.42 apiece from March 17, 2022 to October 18, 2022. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-530799","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/530799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=530799"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/530799\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=530799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=530799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=530799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}