Life Insurance Corporation of India (LIC) has increased its stake in Divis Laboratories to 7.05%. This increase comes from the acquisition of additional shares, bringing LIC’s total holding to 18,715,015 shares. This change in shareholding reflects ongoing investment adjustments by LIC in the pharmaceutical sector. The transactions occurred between November 7, 2022, and October 16, 2025.
LIC Increases Stake in Divis Laboratories
Life Insurance Corporation of India (LIC) has increased its stake in Divis Laboratories. The total number of shares held after the acquisition is 18,715,015.
Details of Shareholding Changes
Before this acquisition, LIC held 13,360,663 shares, representing 5.033% of the total share/voting capital. Post acquisition, the shareholding increased to 18,715,015 shares, constituting 7.05% of the total share/voting capital.
The acquisition involved purchasing 5,354,352 shares carrying voting rights. The transactions were executed via market sale between November 7, 2022 and October 16, 2025.
Source: BSE
