Shareholding17 Apr 2026, 05:21 pm
LIC reduces stake in Navin Fluorine to 4.967% from 6.982%
AI Summary
Life Insurance Corporation of India (LIC) has disclosed a reduction in its shareholding in Navin Fluorine International Ltd. As per Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, LIC's stake decreased from 6.982% (3,577,974 shares) to 4.967% (2,545,633 shares). This reduction was a result of a market sale of 1,032,341 shares, representing 2.015% of the company's total voting capital. The transactions occurred between November 18, 2025, and April 16, 2026. Following this sale, LIC's holding in Navin Fluorine is now below the 5% threshold.
Key Highlights
- LIC reduced its shareholding in Navin Fluorine International Ltd.
- Stake decreased from 6.982% to 4.967% of total voting capital.
- LIC sold 1,032,341 shares, representing 2.015%, via market sale.
- The sale took place between November 2025 and April 2026.
- LIC's holding is now below the 5% disclosure threshold.
Price Impact
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