LIC Mutual Fund, which previously held a 3.66 percent stake in DEE Development Engineers Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction of its holding to below the 1 percent disclosure threshold.
An industrial engineering company specializing in the design, fabrication, and installation of complex piping systems, pressure vessels, and heat exchangers for refineries, petrochemicals, power plants, and other process industries. Founded in 1988, the company serves both domestic and international clients with customized engineering solutions tailored to demanding operational requirements. DEE Development combines extensive technical expertise with in-house fabrication capabilities to deliver integrated, comprehensive engineering solutions.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.