Shareholding12 Oct 2026, 03:04 pm
LIC Sells 2.05% Stake in Castrol India
AI Summary
Life Insurance Corporation of India (LIC) has sold 20,298,761 shares, representing 2.052% of its total holding, in Castrol India Ltd. The transaction occurred between April 30, 2026, and October 9, 2026, via market sale. Following the sale, LIC's shareholding in Castrol India reduced from 9.051% (89,529,217 shares) to 6.999% (69,230,456 shares). The total equity share capital of Castrol India before the sale was 4,945,611,920 shares.
Key Highlights
- LIC sold 20,298,761 shares of Castrol India.
- The sale represents a 2.052% reduction in LIC's stake.
- LIC's holding decreased from 9.051% to 6.999%.
- The transaction was executed through market sale.
- The sale took place between April 30, 2026, and October 9, 2026.
Price Impact
More from CASTROLIND