Life Insurance Corporation of India (LIC) has filed a mandatory disclosure concerning its shareholding in Cipla Limited, as required under takeover regulations. The filing indicates a change in holding, resulting in LIC’s stake increasing to 9.091% of the total voting capital. The acquisition activity, which involved 16,445,476 shares, was executed via Market Purchase between November 27, 2025, and February 18, 2026. LIC’s PAN number, AAACL0582H, was confirmed in the correspondence dated February 20, 2026.
Mandatory Disclosure of Shareholding Change
The Investment Department of the Life Insurance Corporation of India (LIC) has formally communicated a change in its investment portfolio involving Cipla Limited, the Target Company (TC). This disclosure is pursuant to the regulations concerning substantial acquisition and takeover of shares.
Pre- and Post-Acquisition Holding Details
Before the acquisition activity under consideration, LIC’s holding in Cipla stood at 7.055% of the total share/voting capital, corresponding to 56,989,661 shares. The recent transaction details highlight the following changes:
- Shares carrying voting rights acquired/sold: 16,445,476.00 (representing 2.036% of the capital).
Following the completion of the acquisition, LIC’s total holding in Cipla has increased substantially:
- Total shares carrying voting rights post-acquisition: 73,435,137.00.
- Resulting stake in total voting capital: 9.091%.
Transaction Modality and Timeline
The method of acquisition used for increasing the stake was explicitly stated as MARKET PURCHASE. The period during which these transactions occurred, which covers the date of acquisition or receipt of intimation, spanned from November 27, 2025, to February 18, 2026. The total equity share capital of Cipla Limited before and after this transaction remained consistent at 1,61,55,43,596.00.
Regulatory Compliance Confirmation
This formal communication, dated February 20, 2026, confirms that LIC is providing the necessary disclosures for a person holding more than 5% of shares in the listed entity. The communication, sent by the Asstt. Secretary (Investment- Back Office), also noted the inclusion of relevant DP IDs, Client IDs, and the PAN number (AAACL0582H) for complete regulatory adherence.
Source: BSE
