LIC Housing Finance to raise Rs 2,334.69 crore


LIC is going infuse equity capital worth about Rs 2,334.69 crore in its subsidiary LIC Housing Finance by preferential allotment of upto 4,54,00,000 equity shares of Re 2 at Rs 514.25 per share, company said in its release.

LIC Housing Finance was quoting at Rs 468.95, up Rs 11.20, or 2.45 percent on the BSE.

News Source:- Moneycontrol

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