State-owned Life Insurance Corporation of India (LIC) sells 3.73 crore shares of Adani Energy Solutions, Adani Enterprises, and Adani Ports in the December quarter. Get the latest updates on LIC's stake in Adani Group and the political controversy surrounding it.
A record share sale of US$2.7 billion by state-run Life Insurance Corporation of India was fully taken up four days before the offering closes, as an attractive price and deep discounts spurred demand from small investors.