Life Insurance Corporation of India (LIC) has reduced its stake in Bliss GVS Pharma Ltd to 2.959% from 5.110%. The divestment of over 2.1 million shares occurred through market sales over approximately six years.
LIC Sells Over 21 Lakh Shares in Bliss GVS Pharma
LIC's stake in Bliss GVS Pharma drops to 2.959% from 5.110%.
Reader Takeaway: Institutional investor gradually exits stake; long-term portfolio management not a sign of distress.