LIC increases LTIMindtree stake to over 9%

Life Insurance Corporation of India (LIC) has disclosed an acquisition of LTIMindtree Limited shares, bringing its total holding to over 9%. According to regulatory filings, LIC acquired 5,930,019 shares, representing 2.001% of LTIMindtree's total share/voting capital. This transaction, executed via market purchase, occurred between November 19, 2024, and October 1, 2025.

Prior to this acquisition, LIC held 20,834,009 shares, amounting to 7.029% of LTIMindtree's equity. Following the recent purchases, LIC's total stake in LTIMindtree stands at 26,764,028 shares, or 9.030% of the company's equity share capital.

These disclosures were made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as LIC's holding exceeded the 5% threshold in a listed company. LIC is not part of LTIMindtree's promoter or promoter group.