LIC Housing waiting for bourses response on Rs 2,334 crore preferential issue

LIC Housing waiting for bourses response on Rs 2,334 crore preferential issue

LIC Housing Finance Ltd is still awaiting for clearances from the stock exchanges before it could go ahead with the Rs 2,334 crore preferential issue to its parent Life Insurance Corporation even though capital market regulator SEBI had not raised any query and the mortgage lender denied approaching the Securities Appellate Tribunal (SAT) in this regard, LIC HFL sources said.