News From Press LIC to invest Rs 80.67 crore in rights issue of its Nepal joint venture

LIC to invest Rs 80.67 crore in rights issue of its Nepal joint venture

Source: Financial Express Jul 5, 2022

State-owned LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd.The proposal was approved during the insurer’s board meeting on Monday. LIC, which got listed on the bourses in May, will hold its first Annual General Meeting on September 27, 2022, according to stock exchange filing.

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