Shareholding5 May 2026, 11:18 am
LIC Reduces Stake in Castrol India to 9.051%
AI Summary
Life Insurance Corporation of India (LIC) has disclosed a change in its shareholding of Castrol India Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Between January 22, 2021, and April 30, 2026, LIC sold shares, reducing its holding from 11.052% to 9.051%. The sale was executed through the open market.
Key Highlights
- LIC's stake in Castrol India decreased from 11.052% to 9.051%.
- The share sale occurred between January 22, 2021, and April 30, 2026.
- The transaction was executed through the open market.
- The disclosure is made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
Price Impact
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