Life Insurance Corporation of India (LIC) has submitted disclosures regarding its shareholding in Granules India Ltd., as per SEBI regulations. The filing indicates a change in holding percentage, with LIC’s stake now at 2.916% after a recent acquisition/sale. This disclosure is part of routine regulatory compliance for entities holding over 5% of shares in listed companies.
LIC’s Substantial Shareholding Disclosure
Life Insurance Corporation of India (LIC) has formally disclosed its updated shareholding in Granules India Ltd. The disclosure, submitted on August 4, 2026, pertains to substantial acquisition of shares and takeover regulations. This regulatory filing is a standard procedure for entities whose shareholding crosses certain thresholds in publicly listed companies.
Holding Details and Transaction
As per the provided annexure, the holding of Life Insurance Corporation of India (acquiring entity) in Granules India Ltd. (Target Company) has been detailed. Before the recent acquisition/disposal under consideration, LIC held 12,182,570.00 shares, representing 5.020% of the total share capital. Following the transaction, LIC’s holding has been adjusted to 7,226,446.00 shares, which constitutes 2.916% of the total share capital after the acquisition/sale. The mode of acquisition/sale was identified as Market Sale.
Regulatory Compliance
This disclosure is in compliance with the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing also provides LIC’s PAN number, which is AAACL0582H, along with its DP IDs and Client IDs for informational purposes. The transaction period for the shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable, spans from February 27, 2025, to August 3, 2026.
Source: BSE