Life Insurance Corporation of India (LIC) has disclosed an increase in its shareholding in Coforge Ltd. As of August 24, 2026, LIC’s total holding in Coforge stands at 5.033%, representing 15,369,540.00 shares. This disclosure is made in accordance with SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011, detailing the acquisition of voting rights and shares.
LIC Boosts Coforge Stake
Life Insurance Corporation of India (LIC) has formally announced an increase in its investment in Coforge Ltd. The disclosure, filed on August 24, 2026, indicates that LIC’s total shareholding in the company has reached 5.033%. This move positions LIC as a significant shareholder in Coforge, based on the submitted filings under SEBI regulations.
Shareholding Details
Prior to the acquisition mentioned, LIC held 15,369,540.00 shares, accounting for 5.033% of Coforge’s total share capital. The reported acquisition, which occurred between January 16, 2023, and August 20, 2026, involved the acquisition of an additional 1,951,540.00 shares. Following these transactions, LIC’s total holding is now 13,418,000.00 shares, representing 3.029% of the equity share capital. The total equity share capital of Coforge Ltd before and after the acquisition remained consistent at ₹88,53,81,622.00.
Transaction Overview
The acquisition of shares by LIC was executed through market sales. The disclosure also confirmed that Coforge’s total diluted share/voting capital after the said acquisition/sale is not applicable (NA).
Source: BSE
