{"id":112280,"date":"2022-07-28T12:04:09","date_gmt":"2022-07-28T06:34:09","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=112280"},"modified":"2022-09-08T15:26:26","modified_gmt":"2022-09-08T09:56:26","slug":"lic-reduce-stake-in-sun-pharma-by-2","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/lic-reduce-stake-in-sun-pharma-by-2\/","title":{"rendered":"LIC reduce stake in Sun Pharma by 2%"},"content":{"rendered":"\n<p>Life insurance corporation (LIC)&nbsp;has has&nbsp;reduced shareholding in Sun Pharmaceuticals by selling 2% stake,&nbsp;in the company&nbsp;for about Rs 3,882 crore, to 5.024%. The shares were sold through open market transactions during the period from May 17,2021 to July 22, 2022.<\/p>\n\n\n\n<p>As per the norms of Sebi,&nbsp;listed companies are required to intimate the stock exchanges when their shareholding in an entity falls by 2% or more.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>LIC Chairperson: M R Kumar;<\/li><li>Headquarters: Mumbai<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Life insurance corporation (LIC)&nbsp;has has&nbsp;reduced shareholding in Sun Pharmaceuticals by selling 2% stake,&nbsp;in the company&nbsp;for about Rs 3,882 crore, to 5.024%. The shares were sold through open market transactions during the period from May 17,2021 to July 22, 2022. As per the norms of Sebi,&nbsp;listed companies are required to intimate the stock exchanges when their [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":112281,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4611],"tags":[4931,1973],"class_list":["post-112280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2022","tag-business-current-affairs","tag-life-insurance-corporation-of-india"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/112280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=112280"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/112280\/revisions"}],"predecessor-version":[{"id":112282,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/112280\/revisions\/112282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/112281"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=112280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=112280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=112280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}