
Shareholding24 Jun 2026, 12:09 pm
LIC Discloses Shareholding Change in GIC Housing Finance
AI Summary
GIC Housing Finance Ltd has received a disclosure from Life Insurance Corporation of India (LIC) under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details LIC's acquisition of 1,102,877 shares, representing 2.048% of the total share capital, through market sale. Following this transaction, LIC's total holding in GIC Housing Finance has reduced to 1,609,373 shares, or 2.989% of the total share capital. The disclosure covers the period from November 21, 2007, to June 19, 2026, with the equity share capital of the target company remaining constant at 53,851,066.00 before and after the sale.
Key Highlights
- LIC of India made a disclosure regarding shareholding changes.
- Acquisition/sale of 2.048% shares by LIC via market sale.
- LIC's holding in GIC Housing Finance reduced to 2.989%.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
- Transaction period spans from 2007 to 2026.
Price Impact
More from GICHSGFIN