Life Insurance Corporation of India (LIC) has increased its stake in Havells India Ltd to 7.043%. The acquisition involved the purchase of additional shares through market transactions, raising LIC’s total holding to 44,183,676 shares. This move reflects LIC’s continued confidence in Havells India and its growth potential within the electrical goods sector.
LIC Increases Holding in Havells
Life Insurance Corporation of India (LIC) has increased its stake in Havells India Ltd, according to a disclosure made on November 7, 2025. The acquisition brings LIC’s total holding to 44,183,676 shares, representing 7.043% of the company’s total share/voting capital.
Details of the Acquisition
Prior to this acquisition, LIC held 31,390,382 shares, equivalent to 5.004% of Havells India. The additional 12,793,294 shares, representing 2.039%, were acquired through market purchases between May 26, 2025, and November 6, 2025.
Post-Acquisition Shareholding
Following the acquisition, LIC now holds 44,183,676 shares, which constitutes 7.043% of the total equity share capital of Havells India. This increased stake underscores LIC’s investment strategy and its positive outlook on Havells India’s performance.
Source: BSE
