Date:15/02/2006 URL: http://www.thehindubusinessline.com/2006/02/15/stories/2006021501880200.htm

Back LIC sells 2.18 pc stake in Dr Reddy's

Our Bureau

Hyderabad , Feb. 14

DR Reddy's Laboratories Ltd has informed the stock exchanges that Life Insurance Corporation of India has sold 16,67,144 shares aggregating to 2.18 per cent of share capital of Dr Reddy's Labs on January 30. The mode of sale is market sale. Following this, the shareholding of LIC in Dr Reddy's Labs now stands at 51,86,496 shares aggregating to 6.77 per cent of Dr Reddy's equity.