Question
LIC increased its stake in Central Bank of India to what
percentage in May 2026?Solution
LIC acquired 26.26 crore equity shares (2.901% stake) in Central Bank of India through market purchases, increasing its total shareholding from 3.16% to 6.06%. The transaction was disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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