LIC increases stake in SRF; approves director reappointment

The Life Insurance Corporation of India (LIC) has disclosed an increase in its stake in SRF Limited, as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure indicates LIC now holds 8,784,475 shares, representing 2.963% of SRF’s total share capital, increased from 5.003% of total shares, previously.