FAL corp sells 2.1 crore ICICI Lombard shares

The buyers included CAAM Funds India, Reliance Nippon Life Insurance Company and Kuwait Investment Authority among others.

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FAL Corporation sold 2.13 crore shares of ICICI Lombard General Insurance amounting to 4.7 per cent stake.
MUMBAI: FAL Corporation sold 2.13 crore shares of ICICI Lombard General Insurance amounting to 4.7 per cent stake at an average price of Rs 1129 per share, BSE block deal data showed. The buyers included CAAM Funds India, Reliance Nippon Life Insurance Company, Kuwait Investment Authority, IDFC Mutual Fund, Aurigin Master Fund, Goldman Sachs Investments (Mauritius), Sundaram Mutual Fund, Tata AIG Life Insurance Co, UTI MF, Canara Robeco MF, Baillie Gifford Diversified Growth Fund and SBI MF, among others.

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