Post transaction, Life Insurance Corporation of India (LIC) increased its shareholding to 1.82 crore equity shares or 5.035% stake from 1.80 crore equity shares or 4.973% stake. The deal was executed as a market purchase.
Aarti Industries consolidated net profit surged 356.6% to Rs 772.54 crore on a 100.2% jump in net sales to Rs 2,375.98 crore in Q3 FY22 over Q3 FY21.
Aarti Industries is a manufacturer of specialty chemicals and pharmaceuticals.
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