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LIC increases stake in Cummins to 5.42%

Press Trust Of India  |  Mumbai 

The country’s largest insurer has raised its to 5.42 per cent through for Rs 19.06 crore.

In a disclosure to the Bombay Stock Exchange, Cummins India today said LIC has acquired 11 lakh shares, representing 0.55 per cent stake, at a price of Rs 2 each via Post acquisition, LIC now holds 5.42 per cent stake in Cummins India.

First Published: Sat, February 07 2009. 00:59 IST