Narmada Gelatines Ltd — Important, 26-05-2026: Company Update

Life Insurance Corporation (LIC) has significantly increased its holding in Central Bank of India, boosting its stake from 3.16% to 6.06%. This strategic move involved acquiring an additional 26.26 crore shares, representing a 2.901% increase, through a market purchase. The enhanced stake by the state-owned insurer reflects a notable vote of confidence in the public sector lender's future outlook and operations for its stakeholders.