Shareholding22 Sept 2026, 05:41 pm
LIC increases Hindalco stake to 4.331% via market transactions
AI Summary
Life Insurance Corporation of India (LIC) has disclosed an increase in its shareholding in Hindalco Industries Ltd. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reports that LIC's stake in Hindalco rose from 2.018% (45,348,847 shares) to 4.331% (97,319,301 shares). The transactions, executed through market sales, occurred between January 16, 2024, and September 21, 2026. The total equity share capital of Hindalco remains unchanged.
Key Highlights
- LIC increased its shareholding in Hindalco.
- Stake rose from 2.018% to 4.331%.
- Transactions were conducted via market sales.
- Disclosure made under SEBI Regulation 29(2).
- Transactions occurred between Jan 2024 and Sep 2026.
Price Impact
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