Life Insurance Corporation of India (LIC) has increased its shareholding in REC Limited, crossing the 5% threshold. The acquisition, made through market purchases on September 7, 2026, brings LIC’s total holding to 13,24,80,799 shares, representing 5.031% of the diluted share capital. This disclosure, filed under SEBI regulations, details the transaction and the acquirer’s expanded stake in the company.
LIC Crosses 5% Shareholding Threshold in REC Limited
Life Insurance Corporation of India (LIC) has officially disclosed an increase in its shareholding in REC Limited, now holding a total of 13,24,80,799 shares. This acquisition pushes LIC’s stake to 5.031% of the diluted share capital of REC Limited, a notable increase from its previous holding of 4.993%. The transaction was executed via market purchases on September 7, 2026.
Disclosure Details
The disclosure, submitted in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details LIC’s expanded interest in REC Limited. Prior to this acquisition, LIC held 13,14,87,799 shares, representing 4.993% of the total share capital. The acquisition of an additional 9,93,000 shares brings the total number of shares held by LIC to 13,24,80,799, now constituting 5.031% of the total diluted share capital. The total equity share capital of REC Limited before and after the said acquisition remains at ₹26,33,22,40,000.00.
Source: BSE
