Shareholding29 May 2026, 04:42 pm
LIC Reduces Stake in Hero MotoCorp to 5.138%
AI Summary
Life Insurance Corporation of India (LIC) has disclosed a change in its shareholding of Hero MotoCorp Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. LIC acquired 4,011,383 shares, representing 2.005% of the total share/voting capital, through market sale between 01.07.2024 and 27.05.2026. Consequently, LIC's holding in Hero MotoCorp has decreased to 10,280,714 shares, representing 5.138% of the equity share capital.
Key Highlights
- LIC's stake in Hero MotoCorp decreased to 5.138% after recent transactions.
- LIC acquired 4,011,383 shares of Hero MotoCorp via market sale.
- The acquisition occurred between 01.07.2024 and 27.05.2026.
- The disclosure was made under SEBI's Substantial Acquisition Regulations.
- Hero MotoCorp's equity share capital remains at 400,185,876.00.
Price Impact
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