HCL Technologies Ltd Life Insurance Corporation Increases Stake to Over 7%

Life Insurance Corporation of India (LIC) has increased its shareholding in HCL Technologies Ltd. Through a series of market purchases conducted between April 28, 2025, and April 24, 2026, LIC acquired an additional 2.007% stake in the company. Following this acquisition, the total shareholding of the institutional investor in HCL Technologies has risen to 7.010%, reflecting continued confidence in the IT major’s long-term growth and market position.

Significant Investment Update

Life Insurance Corporation of India (LIC) has reported a notable rise in its investment within HCL Technologies Ltd. The state-owned insurance giant purchased 5,44,60,646 shares of the IT company, representing a 2.007% equity stake. These transactions were executed via market purchases over the course of the preceding year, starting from April 28, 2025, and concluding on April 24, 2026.

Consolidated Shareholding

Prior to this recent acquisition phase, LIC held 13,57,57,092 shares, which accounted for a 5.003% stake in HCL Technologies. With the addition of the new shares, the cumulative holding now stands at 19,02,17,738 shares, bringing the total shareholding to 7.010%. This move underscores the investor’s ongoing strategy of maintaining and strengthening its portfolio in India’s technology sector.

Source: BSE

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