A five-year trail of LIC’s red flags on Rajesh Exports before Sebi order | Company Business News

Retail investors left high and dry?

Over 194,000 retail investors with investments of under ₹2 lakh held 14.13% of the company’s share capital as of 31 March 2026. Five years ago, there were fewer than 40,000 such investors, owning just 1.6%. On the net, the retail investors largely gave an exit to foreign portfolio investors and non-resident Indians, who trimmed their shareholding over this period, Mint reported on Friday.