Life Insurance Corporation of India (LIC) has disclosed an increase in its shareholding in Britannia Industries Limited. The acquisition of additional shares has raised LIC’s total stake to 5.006%. This disclosure is made in compliance with SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011. The transaction details indicate a market purchase of shares, with the holding changing as of September 16, 2026.
LIC Boosts Britannia Stake
Life Insurance Corporation of India (LIC) has formally announced an increase in its equity holding in Britannia Industries Limited. As of September 16, 2026, LIC’s total shareholding in Britannia Industries now stands at 1,20,59,614 shares, representing 5.006% of the total diluted share capital.
Disclosure Under SEBI Regulations
This disclosure has been made in accordance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed through a market purchase. Prior to this transaction, LIC held 1,20,06,354 shares, which constituted 4.984% of the company’s share capital.
Transaction Details
The acquisition involved an increase of 53,260 shares. The total equity share capital of Britannia Industries Limited before and after the acquisition remains unchanged at 24,08,68,296.00. The relevant date for the acquisition of shares is September 16, 2026.
LIC has also provided its DP ID, Client ID, and PAN number as part of the disclosure requirements.
Source: BSE
