Life Insurance Corporation of India (LIC) has decreased its stake in NBCC (India) Limited by selling 3,024,672 shares. This transaction reduces LIC’s total holding in NBCC to 4.477% of the company’s total share capital. The shares were disposed of through market transactions, with the updated holdings reflecting a strategic portfolio adjustment by LIC.
LIC Reduces Stake in NBCC (India)
Life Insurance Corporation of India (LIC) has executed a sale of shares in NBCC (India) Limited, resulting in a reduced stake in the company. The total number of shares sold was 3,024,672.
Details of the Transaction
Prior to this transaction, LIC held 11,78,66,918 shares, representing 6.548% of NBCC’s total share capital. Following the sale, LIC’s holding has decreased to 12,08,91,590 shares, now representing 4.477% of the total share capital.
Key Dates
The shares were acquired/sold between April 25, 2018, and November 24, 2025, through open market purchases.
Updated Share Capital
NBCC’s equity share capital / total voting capital before the acquisition/sale was 180,00,00,000.00 and after the acquisition/sale is 270,00,00,000.00.
Source: BSE