Shareholding24 Jul 2026, 03:04 pm
LIC Acquires 0.031% Stake in Tata Motors Passenger Vehicles
AI Summary
Life Insurance Corporation of India (LIC) has disclosed an acquisition of 11,64,000 equity shares, representing 0.031% of the total share capital, in Tata Motors Passenger Vehicles Ltd. This transaction, executed via market purchase on July 23, 2026, brings LIC's total holding to 18,51,90,539 shares, or 5.028% of the company's equity. The disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of the company remains unchanged at ₹7,36,51,65,804.00 post-acquisition.
Key Highlights
- LIC increased its stake in Tata Motors Passenger Vehicles by 0.031%.
- The acquisition involved 11,64,000 shares through market purchase.
- LIC's total holding now stands at 5.028% of the company's equity.
- The transaction complies with SEBI's takeover regulations.
- No change in the company's total equity share capital was reported.
Price Impact
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