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LIC Raises Stake In Tech Mahindra To 8 88%

LIC held 8.07 percent stake or 7.86 crore equity shares in Tech Mahindra as of March 2023.

Abrdn divests entire 1 6% stake, exits HDFC Life Insurance

The stock had been impacted from the aftershocks of the Union Budget proposals, which included taxing proceeds of insurance policies with premiums in excess of Rs 5 lakh and introduction of the new tax regime, which removed almost all exemptions.

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