Life Insurance Corporation of India (LIC) has increased its shareholding in Exide Industries Ltd to 5.023%. This change reflects an acquisition of shares via open market purchase. The disclosure was made on November 20, 2025. LIC now holds 42,693,006 shares of Exide Industries, up from 42,431,006 shares previously. The transaction was completed on November 19, 2025.
Stake Increase in Exide Industries
Life Insurance Corporation of India (LIC) has officially increased its stake in Exide Industries Ltd. The updated shareholding now stands at 5.023% of the company’s total share/voting capital.
Details of the Transaction
The acquisition involved the purchase of 262,000 shares. This increase was executed through an open market purchase. The transaction was completed on November 19, 2025, and was disclosed on November 20, 2025.
Updated Holdings
As a result of this transaction, LIC now holds 42,693,006 shares in Exide Industries. This figure represents 5.023% of the total share/voting capital. Prior to the acquisition, LIC held 42,431,006 shares, representing 4.992% of total share/voting capital.
Capital Details
The equity share capital / total voting capital of Exide Industries before and after the acquisition remains consistent at 850,000,000.00.
Source: BSE
