Life Insurance Corporation of India (LIC) has increased its stake in Dr. Reddy’s Laboratories to 10.268%. This acquisition involved the purchase of additional shares via market purchase, increasing LIC’s holdings by 2.054%. The transaction was completed between June 3, 2025, and October 15, 2025.
LIC Increases Holding in Dr. Reddy’s
Life Insurance Corporation of India (LIC) has disclosed an increase in its shareholding of Dr Reddy’s Laboratories Ltd. The acquisition has pushed LIC’s total holding to 10.268% of the company’s share/voting capital.
Details of Acquisition
Prior to this acquisition, LIC held 8.214% of Dr. Reddy’s. The company acquired an additional 17,140,819 shares, representing 2.054% of the total share/voting capital. The shares were acquired through market purchases.
Timeline of Transactions
The acquisition of shares occurred between June 3, 2025, and October 15, 2025. Post-acquisition, LIC’s total holding stands at 85,699,891 shares.
Source: BSE
