Life Insurance Corporation of India (LIC) has reduced its stake in Navin Fluorine International Ltd. Following a series of market sales conducted between November 18, 2025, and April 16, 2026, LIC offloaded 1,023,441 shares. As a result of these transactions, the insurance giant’s holding in the company has decreased from 6.982% to 4.967%.
Significant Stake Adjustment
Life Insurance Corporation of India (LIC) has executed a reduction in its equity interest in Navin Fluorine International Ltd. The divestment, carried out via market sale, involved the offloading of 1,023,441 shares. This move brings the institution’s total shareholding in the target company to 2,546,633 shares, effectively dropping its ownership stake below the 5% threshold.
Transaction Details
The share sale activities occurred over a period ranging from November 18, 2025, to April 16, 2026. Prior to these transactions, LIC held a 6.982% stake in Navin Fluorine, represented by 3,577,974 shares. With the completion of these sales, the stake now stands at 4.967%. The total equity share capital of the target company remains unchanged at 10,28,29,498 shares.
Source: BSE
