Life Insurance Corporation of India (LIC) has increased its stake in Adani Ports and Special Economic Zone Ltd to 7.343%. The acquisition involved the purchase of additional shares through market transactions, adding 38,904,223 shares to LIC’s holdings. This move reflects LIC’s investment strategy in key infrastructure and logistics companies. The total number of shares held after this acquisition is 158,621,971.
LIC Increases Holdings in Adani Ports
Life Insurance Corporation of India (LIC) has augmented its investment in Adani Ports and Special Economic Zone Ltd, according to a recent disclosure. The acquisition was completed through market purchases, increasing LIC’s influence in the company.
Details of the Transaction
LIC acquired an additional 38,904,223 shares, raising its stake in Adani Ports to 7.343% of the company’s total share/voting capital. The shares were acquired between November 11, 2022, and December 10, 2025. The total number of shares held by LIC after the acquisition is 158,621,971.
Pre-Acquisition Holding
Before this acquisition, LIC held 197,526,194 shares, representing 9.350% of the total share/voting capital in Adani Ports.
Impact on Share Capital
The equity share capital/total voting capital of Adani Ports both before and after the acquisition remains at 2,16,01,38,945.00.
Source: BSE