Life Insurance Corporation of India (LIC) has increased its shareholding in ICICI Bank through market purchases. The acquisition involved the purchase of an additional 127,026,722 shares, raising LIC’s total holding to 338,095,978 shares, representing 4.731% of ICICI Bank’s equity. These transactions took place between December 24, 2025 and January 13, 2026.
LIC Increases Stake in ICICI Bank
Life Insurance Corporation of India (LIC) has augmented its stake in ICICI Bank via open market acquisitions. The transactions, completed between December 24, 2025 and January 13, 2026, involved the purchase of 127,026,722 equity shares.
Revised Shareholding
Following these acquisitions, LIC now holds a total of 338,095,978 shares in ICICI Bank. This revised holding constitutes 4.731% of the bank’s total equity share capital. The previous holding was 465,122,700 shares, representing 6.737% of the total share/voting capital.
Equity Capital Details
The equity share capital/ total voting capital of ICICI Bank before and after the acquisition remains constant at 14,28,74,11,722.00
Source: BSE