lic policy, LIC has learned from the Adani-Hindenburg dispute, investment policy is about to change! Adani-Hindenburg impact: lic plans cap on investment exposure

Preparation for change after Adani controversy

LIC invests in shares of companies in the stock market. Under this, LIC has also invested in Adani’s companies. LIC is now planning to cap the debt and equity exposure in companies. According to a Reuters report, LIC will set limits on its debt and equity exposure in companies. The insurance company wants to strengthen the investment strategies, so that the risk can be reduced. However, the approval has not yet been received from the LIC board. As per the current rules, currently LIC cannot invest more than 10 per cent of the outstanding equity or debt in any company.

What has Adani become by getting trapped in the vortex of Hindenburg, has lost billions of wealth, what has been lost so far

There was criticism in the Adani case

LIC invests in the stock market. The insurance company has invested in seven Adani companies. LIC has exposure to Adani Enterprises, Adani Green Energy, Adani Ports, Adani Total Gas, Adani Transmission, Ambuja Cements and ACC. The value of this investment is Rs 30127 crore. Including both debt and equity, LIC’s total exposure to Adani company is Rs 36474.78 crore. This exposure is only 0.975 per cent of LIC’s total investment. When Adani’s shares were falling due to the Hindenburg report, the value of LIC’s investment was also falling. Due to which there was a lot of uproar. LIC has come under a lot of criticism for investing in Adani group companies. Now the company is preparing to cap the exposure.

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