AIC Limited announces the completion of the redemption of the AIC Diversified Canada Split Corp.
AIC Limited is pleased to announce the completion of the redemption of the AIC Diversified Canada Split Corp. As part of the redemption, shareholders received either cash in exchange for their shares in the Company, or mutual fund units of the AIC Diversified Canada Fund, an open-end mutual fund.
Mumbai LIC Housing Finance mortgage arm of the nation's largest insurer LIC said shareholders have approved a stock split at a ratio of 1:5 as part of its plan to improve liquidity in his bag.