Shareholding18 Sept 2026, 04:51 pm
LIC Increases Britannia Stake to 5.006%
AI Summary
Life Insurance Corporation of India (LIC) has disclosed an increase in its shareholding in Britannia Industries Ltd. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicates that LIC acquired an additional 53,260 shares, representing 0.022% of the total voting share capital. Following this acquisition, LIC's total holding in Britannia Industries now stands at 1,20,59,614 shares, which amounts to 5.006% of the company's equity share capital. The acquisition was made through open market purchases on September 16, 2026. This move signifies a slight increase in LIC's investment in the food processing company.
Key Highlights
- LIC acquired 53,260 shares in Britannia Industries.
- The acquisition represents a 0.022% increase in voting share.
- LIC's total holding in Britannia now stands at 5.006%.
- The shares were acquired via market purchase on September 16, 2026.
- This is a disclosure under SEBI's substantial acquisition regulations.
Price Impact
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