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LIC nets Rs 4,' cr selling 6.73-cr HUL shares

New Delhi, July 26: Life Insurance Corporation has sold 6.73 crore shares of Hindustan Unilever Ltd, fetching the company Rs 4,' crore through the deal. Hindustan Uniliver informed the stock exchanges that LIC sold the

India TV Business Desk [ Updated: July 26, 2013 11:25 IST ]
lic nets rs 4 cr selling 6.73 cr hul shares
lic nets rs 4 cr selling 6.73 cr hul shares

New Delhi, July 26: Life Insurance Corporation has sold 6.73 crore shares of Hindustan Unilever Ltd, fetching the company Rs 4,' crore through the deal. Hindustan Uniliver informed the stock exchanges that LIC sold the shares at Rs 600 a share.




Recently, Unilever Plc increased its stake in its Indian subsidiary to 67.28 per cent through a buyback of shares.

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