The company declared an interim dividend of Rs7.50 per equity share for the fiscal year 2022-23.
The Mumbai-based startup is now looking to refile the documents for its $440 million (Rs 3585 crore) IPO, as per the reports of Reuters.
LIC's total investment in Adani Group companies through both equity and debt stood at Rs35,917.31 crore, as of December 31, 2022.
The IT, FMCG, Pharma, Oil & Gas, Consumer Good stocks logged selling pressure.
According to the BSE website, 9,58,688 applications received against 4,55,06,791 shares offered for subscription.
Damodar Bhattad is a Chartered Accountant, who had secured All India Rank in ICAI final examination.
On NSE, the Metal index was higher by 1.1% and PSU Banks surged by 2%.
The company will allot shares on February 3, 2023 and its fresh shares will be listed on BSE and NSE on February 8, 2023.
Except pharma and auto index, all other sectoral indices were in the red with a downside ranging from 1-6%.