SEBI Ban Ignored: LIC’s ₹50cr Shock

SEBI Ban, Yet LIC Invested ₹50cr

Geetanjali Stock Crashed 86%

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LIC Increased Its Stake Again

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Was There Political Pressure?

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A Costly Lesson for Investors

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SEBI Ban, Yet LIC Invested ₹50cr

Even after SEBI banned Geetanjali Gems, LIC added ₹50 crore more — shocking the market.

Geetanjali Stock Crashed 86%

From ₹637 to ₹85 — the fall exposed massive stock manipulation by Mehul Choksi.

LIC Increased Its Stake Again

Despite the collapse, LIC kept buying shares, raising total exposure to ₹200 crore.

Was There Political Pressure?

Reports claim Congress links pushed LIC to support Geetanjali Gems amid market chaos.

A Costly Lesson for Investors

LIC’s ₹200 crore stake is now worthless — a warning about blind trust in big names.

Click Here To Read A Full Artical