Life Insurance Corporation (LIC) has increased its stake in Cipla to 7.055%. The acquisition involved convertible securities, bringing LIC’s total holding to 56,989,661 shares. The transactions occurred between July 17, 2025 and November 27, 2025, through market purchases.
LIC Increases Stake in Cipla
Life Insurance Corporation (LIC) has increased its shareholding in Cipla, bringing its total stake to 7.055% of the company’s total share/voting capital.
Details of the Acquisition
LIC acquired additional warrants and convertible securities of Cipla, resulting in a total holding of 56,989,661 shares. Prior to this acquisition, LIC held 40,586,998 shares, representing 5.025% of the share capital. The acquisition involved 16,402,663 warrants/convertible securities.
Transaction Details
The acquisition was executed through market purchases between July 17, 2025, and November 27, 2025.
Capital Structure
The equity share capital/total voting capital of Cipla before and after the said acquisition/sale remains at 1,61,55,42,426.00.
Source: BSE
