Life Insurance Corporation of India (LIC) has increased its stake in Astral Limited to 5.00% through a market purchase. The acquisition involved 22,458 shares, bringing LIC’s total holding to 1,34,32,386 shares. The transaction was completed on October 3, 2025. This increase reflects LIC’s continued investment in Astral Limited.
Increased Holding in Astral Limited
Life Insurance Corporation of India (LIC) has augmented its stake in Astral Limited, reaching a total holding of 1,34,32,386 shares. This increase was achieved through a recent market purchase, officially crossing the 5% threshold.
Details of the Acquisition
The acquisition involved purchasing 22,458 shares of Astral Limited. The transaction was executed via market purchase on October 3, 2025. Post-acquisition, LIC now holds 5.00% of the total share/voting capital in the company.
Previous Holding
Prior to this acquisition, LIC held 1,34,09,928 shares in Astral Limited, which represented 4.992% of the company’s total share/voting capital.
Source: BSE
