Life Insurance Corporation of India (LIC) has increased its stake in Bharat Petroleum Corporation Ltd (BPCL) to 6.757%, acquiring 86,772,543 shares through market purchases. This acquisition, conducted between June 21, 2024, and November 18, 2025, reflects a strategic investment decision by LIC in the oil and gas giant. The disclosure was made on November 19, 2025.
LIC’s Increased Investment in BPCL
Life Insurance Corporation of India (LIC) has augmented its investment in Bharat Petroleum Corporation Ltd (BPCL), as per a recent disclosure. The acquisition involved the purchase of 86,772,543 shares, raising LIC’s total holding to 6.757% of BPCL’s equity.
Details of the Share Acquisition
The share acquisition occurred through market purchases executed between June 21, 2024, and November 18, 2025. Prior to this acquisition, LIC held 8.758% of the company. This transaction represents a strategic investment decision impacting LIC’s portfolio holdings in the energy sector. This acquisition was completed via market sale.
Impact on Shareholding
Following the acquisition, LIC now holds 293,173,359 shares in BPCL. The equity share capital of BPCL both before and after the acquisition remains at 43,385,054,880.00. This increased stake underscores LIC’s continued confidence in BPCL’s long-term prospects and strategic direction.
Source: BSE
