LIC reduces stake in Grasim Industries

Life Insurance Corporation of India (LIC) has disclosed a reduction in its stake in Grasim Industries Limited, as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sale activity occurred between November 23, 2021, and September 10, 2025, through a market sale.

Before these transactions, LIC held 64.70 million shares, representing 9.507% of Grasim Industries' total share/voting capital. The latest disclosure details the sale of 13.67 million shares, which constitutes 2.008% of the company's total share/voting capital.

Following these transactions, LIC's holding in Grasim Industries has decreased to 51.04 million shares, equating to 7.499% of the total share/voting capital. The equity share capital remained constant at 1,361,161,152.00.