LIC Housing Finance to raise Rs 2,334.69 crore

LIC-Housing

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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